Many Occupiers have expressed a valid concern over the Obama campaign attempting to hijack the Occupy movement. To avoid this pitfall some Occupiers advocate more radical methods, ideas and strategies. But sometimes these tactics create new problems. While swerving safely left of the Democrats’ grasp, some Occupiers have overreached and exited the orbit of most working people, who would otherwise naturally gravitate to the Occupy movement. Some Occupiers dismiss this new worry, viewing the Occupy movement as an unstoppable social movement.
In a new study, leftist economists from a dozen EU countries criticize the policy of the German government in the Euro crisis. Its analysis and the proposed solutions are wrong. Bailing out the big banks in the fall of 2008, the 2009 collapse of economic output and the enormous decline in tax revenues tore deep holes in the budget. The state deficits are not the cause.