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Thus, in forming an alliance with a political power, religion augments its authority of a few, and forfeits the hope of reigning over all.
— Alexis de Tocqueville, Democracy in America, vol. 1, Chapter XVII, Part III

Is Ecuador’s Economic Policy a Non Neo-Liberal Alternative? [New]

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Rebecca Ray, a Research Associate for the Center for Economic and Policy Research (CEPR), explains in her Real News interview:

IFRAME Embed for Youtube

Transcript at the link:

REBECCA RAY: So the remarkable thing about Ecuador’s experience with the recession is that they came out of the recession after only three quarters of declining GDP, and it only took them four additional quarters to reach their previous GDP levels. Meanwhile, their poverty, unemployment levels, these are all lower than they were before the crisis already, well below. [Unemployment's] at a record low.

 

BlahEhMmmmInterestingFantabulous!
 

What Do You Think?

One Response to 'Is Ecuador’s Economic Policy a Non Neo-Liberal Alternative?'

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  1. Emocrat [New]

    Thursday, 14 Jun, 2012 at 3:07 pm

    Looks like some people in DC might learn something from Ecuador.

    Oh wait a minute. They’re setting up bases in Columbia from which to launch a coup d’etat on Ecuador!

    Sorry….

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