Testifying before the House Appropriations Labor, Health, Education Subcommittee, chaired by Dave Obey (D-WI) in March 2009, Nobel Memorial Prize winning economist, and New York Times op-ed columnist, Dr. Paul Krugman said that even if President Obama's efforts to reverse the recession are successful, they will not be enough to create a sound economy unless we address the fundamental issues of income inequality and healthcare.
“At long last, the center of economic thinking in the
"The most powerful institutions on the planet, global financial markets and the transnational corporations that serve them, are institutions dedicated to growing consumption and inequality. They convert real capital into financial capital to increase the relative economic power of those who live by money, while depressing the wages of those who produce real value through their labor." Dr. David Korten, author.