The situation of the US public budget is really dramatic. This indebtedness crisis is the result of excessive military spending since the end of the Second World War and the neoliberal policy launched at the beginning of the 1980s. New York City filled with corporations raking in profits and its swanky-elitist urban society closes schools for lack of money. A series of cities has already declared bankruptcy.
The republican attack has the goal of cancelling union rights. A progressive counter-movement in the form of a broad Obama coalition is emerging.
to read this translated article "Attack on Democratic Traditions," click on