( – promoted by buhdydharma )
Thomas Ferguson is a political scientist and author who studies and writes on politics and economics, often within an historical perspective. He is a Political Science professor at the University of Massachusetts Boston, a contributing editor of The Nation, and is also the author of several books, the most recent of which is Golden Rule: The Investment Theory of Party Competition and the Logic of Money-Driven Political System.
Back in April 2009 Ferguson was interviewed by Real News CEO Paul Jay, and at the time called the Obama/Geithner/Summers economic/stimulus plans a “recipe for disaster”.
Today, Ferguson again talks with Jay, and with the hindsight of the past 7 months now says that the stimulus program was far too small, a much larger one is still needed, and predicts that the Democrats must start a new jobs program to bring the economic growth to the bulk of the population or face losing badly in the 2010 mid-terms.
Real News Network – November 19, 2009