By former Department of Labor secretary Robert Reich. I hadn’t thought of the advantage of the bottom-up approach in a global market, where workers and consumers have more ties to the American economy than corporations do. Reich describes Obama’s bottom-up approach as a way to sidestep the current problems of supply and demand with innovation.
I’m not sure I’m getting across the satisfying mental leap I got from this piece, so I hope you read it, it’s short.
“This isn’t to argue that top-down economics is completely nonsensical. America is, after all, the world’s largest economy. So whatever helps the top of it will to some extent trickle down to everyone else here, and whatever hurts the top is likely to impose some burdens all the way down.
But in a global economy, bottom-up economics makes more sense.”
Holy crap. With this and Hulu’s Days of Summer, not having cable TV has never been so wonderful.
Hands down: this is the best Postcard From Yo Momma I have ever seen.
One of my favorites too!
Velvet Underground - “Sunday Morning”
Some days, when I roll through my iTunes library, I come across songs I can’t believe I haven’t posted yet, and “Sunday Morning” is one of those songs. Pleasant and uplifting without being saccharine or obnoxiously bouncy, “Sunday Morning” is actually a perfect song choice for, get this, a Sunday morning.
Plus, when you have Wired asking whether this track is the greatest wake-up tune ever, you know they’ve managed to create a classic.