For Immediate Release

Organization Profile: 

Taruna Godric, 416-916-5202 ext. 414

Barack and the Progressives

Change for Whom? Katrina vanden Heuvel on Obama

WASHINGTON - Katrina vanden Heuvel says there's a big fight ahead:

"For 30 years in this country workers have not participated in the
games. They've worked two or three jobs; their healthcare has been
gutted; their pensions ravaged, and now they're talking about
entitlement reform on the backs of these workers.  I mean they're
asking workers to tighten belts, belts they don't even have," she

Heuvel says Obama's team not only doesn't go far in enough in
rethinking the economy, but Obama appears more open to entitlement
reform than he should be.  

we've seen is the full discrediting of economic theories: this idea of
deregulation, the market can save all.  People are flirting in
mainstream media with nationalization, but nationalization designed to
save the financial system and then get out. "

not enough laying down the tracks for a rethinking of the economy.
Seems to me you need the stimulus plan and you need it as big as you
can get.  But it cannot stop there.  You then need the re-regulation
that could protect and empower workers, and diminish corporate power
and diminish the corruption of corporate power. "

"We don't yet know how bad this is going to get," warns Ms. Heuvel.  

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