[lbo-talk] Thoughts on the Tea Party (and why the Left is

brad babscritique at gmail.com
Thu Apr 22 07:54:36 PDT 2010


Doug wrote:
>The recovery from 1933 to 1937 was very powerful. The unemployment
rate fell from over 25% to around 11%, and GDP rose by 43% (or over 9% a year), surpassing the 1929 peak in 1936. And, as Bhaskar just pointed out, the politically interesting stuff didn't really start until 1934. That was the year of the Minneapolis general strike. A year later, the UAW was formed in 1935, and the Flint strike was 1936-37. Rising expectations are very dangerous from a bourgeois perspective. Best to keep the working class always a little off guard. Doug ----------------------------------------------------------------------------------------- So recoveries are when the left has the advantage? But doesn't there need to be a downturn for there to be a recovery and a left surge?

Ditto on anti-glob.

Brad



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