In the last video shiff says to compete in the world economy we need to lower wages. But he fails to mention that the cost of homes and gas and food and healthcare would have to be readjusted also to the new wage. he just kind of sweeps this under the rug. Well this is where we may need some govt intervention.....not total intevention but some.
He seems to think in an all or nothing frame of mind. I agree that a free market is a great idea and could check and balance itself in some situations.......but greed and power corrupt and as we can see their are some people who will throw you (middle america) under the bus in a heartbeat. Indeed some politicians and rich bankers are wealthy beyond their dreams now while millions are losing their jobs and homes..
Their should be a revolution at some point, i believe.