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Bush End Game
George W. Bush's presidency since 2007

Bush - Second Term
George W. Bush's presidency from 2005-06

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George W. Bush's presidency, 2000-04

Who Is Bob Gates?
The secret world of Defense Secretary Gates

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Bush Bests Kerry

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Nazi Echo
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The Dark Side of Rev. Moon
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What's Behind the Economic Mess

By TheRealNews.com
February 28, 2009

The United States and the world are facing one of the worst economic crises in history, but the typical analysis looks to mistakes made and regulations ignored, not systemic problems.

New School economist Richard Wolff argues that today’s economic mess is not simply the result of individual mistakes or lack of regulation or even a failure to look far enough ahead, as President Obama says.

(The story summary continues below.)

Wolff says the structural changes that lowered wages in the 1970s are at the root of the current crisis and that's what must be addressed. At a minimum, wages must go up as productivity goes up, he says.

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