Weapons of Mass Exploitation

By Ravi Batra, Truthout

Sunday 8 May 2011 -- "The Iraq invasion turned out to be a colossal mistake in terms of lost lives and heavy expenditures that sharply raised the federal budget deficit. However, few realize that the Bush administration made a far bigger mistake in using what may be called Weapons of Mass Exploitation or WMEs, which have all but decimated the US economy and continue to do so. A WME is a short-term financial palliative that makes the rich richer but postpones economic troubles, while seeming to cure the problems of unemployment and dwindling family incomes."