of Cornell West here. West is a bit conservative for my taste, but he has a wonderful speaking style, and puts at least one of the fundamental questions of our economic development quite succinctly. Having decimated our industrial base, what are we going to do now to improve the lot of the poorest 2/3 of the citizenry? Pay more for existing jobs? Develop new industries? And how much are we going to have to spend to do this? West notes that we spent nearly a trillion dollars to bail out the financiers, but not nearly so much on the rest of us.
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