Saturday, October 16, 2010

The Economic Sisyphean Task: The Endless and Unavailing Economic Task (Diagram)

Without breaking down the logic of the existing maddening economic condition, we might eventually be able to stabilize and revitalize the economy, but I strongly believe that it will take too much time at too much cost. Accordingly, our national prosperity, social security and competitiveness will be seriously eroded.  Moreover, much of the middle- and lower-income class will be reduced to a new poverty class, and social and political unrest may result.

By Luke Hohyung Lee (

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