Their mission.

Editor,

According to this article ( "Italy Turns Its Focus to Stimulating Economy"): "Critics of the government’s economic program have complained that it is too tax-heavy and not incisive enough when it comes to cuts to public spending."

This is a rather biased view in my opinion and pushes the idea subtly that Keynesian economics is indeed dead, as does this paragraph:

"The growth package will include moves to further open up Italy’s closed professions and guilds, encourage competition and develop an outdated economic infrastructure, which many analysts say keep production costs high and uncompetitive in world markets."

Can anyone suggest a better source than the NYT business pages for a little color with respect to what vague terms like "develop an outdated economic infrastructure" mean?

Everyone knows that the global ruling class sees its opportunity right now to reduce Western workers to debt peonage and that a bone here and there for current beneficiaries of the remains of the welfare state will grease the wheels of full disempowerment of young workers coming up.

But there are alternatives, and these can only be understood and embraced by people who do not believe that their mission in life is to fulfill God's edict that they stuff as much of the fruit of other people's labor into their own pockets as they can.

Re: "Italy Turns Its Focus to Stimulating Economy" (12/30/2011)