FOR MY MOST RECENT ASSESSMENT OF THE BUDGET DEAL OF 2013 AND THE US ECONOMY HEADING INTO 2014, ACCESS THE VIDEO OF MY TV INTERVIEW OF JANUARY 9, 2014, AT THE ULR NOTED BELOW.
Dr. Jack Rasmus on ‘The US Congress’ 2013 Budget (Mis)Deal’
Other Voices TV, Palo Alto, California
January 9, 2014 (58 min 25 sec)
Access this 58min. Video at: http://www.kyklosproductions.com/videos.html
(also available on Youtube)
Jack Rasmus is interviewed by host, Paul George, as guest on the TV show, Other Voices, and explains in detail the terms of the US Congress December 2013 budget deal. Defense spending remains untouched while pensions, unemployment benefits and food stamps are cut, contrary to the various ‘spin’ reports in the press. Austerity American Style is explained, contrasted to European versions. Dr. Rasmus predicts big corporate tax cuts coming after the November 2014 midterm national elections in the US, explains his idea of ‘epic’ recession which forecasts continued long term US ‘stop-go’ recovery, and explains how the $15-$20 trillion Federal Reserve bank-investor bailout under departing chairman, Ben Bernanke, has left the rest of the US economy still struggling.