WEEKLY REVOLUTION DISCUSSION
Monday, August 8th
The debt crisis has been all over the news, with media and politicians framing the debate in the interests of this system. Let's get to the bottom of this and what it means for the struggle for a new and better world. We encourage people to read the full interview with Raymond Lotta to prepare for this, and bring your thinking, questions, agreements, disagreements to the table. [click on the "Read on..." link to read the entire interview]
The Debt Ceiling Debate, Global Crisis, and Savage Austerity
Posted August 1, 2011
Revolution: Raymond, we’re speaking just as President Obama and congressional leaders on the Democratic and Republican sides have reached a tentative agreement that would cut trillions of dollars in federal spending in the next ten years. Congress will soon vote on raising the debt ceiling. There are many important questions to get into, but let’s start with some basics. What is the debt ceiling?
