I went to public schools, and while Gary was, like most American cities, racially segregated, it was at least socially integrated - a cross section of children from families of all walks of life.
Joseph StiglitzThere was a hope then by some people that what we call trickle-down economics would work. That if you made the economy pie bigger, everybody would benefit. Twenty-five years after NAFTA, we know that that is not true. We should have known then that it was not true.
Joseph StiglitzEconomically, we are gain weaker. Millions of Americans have no health insurance - including many poor children. if they do not get the care they need, they may become scarred for life; but the President George W. Bush vetoed the children's health insurance bill - evidently we couldn't afford it. But we were talking about just a few days fighting in Iraq.
Joseph StiglitzThe only surprise about the economic crisis of 2008 was that it came as a surprise to so many.
Joseph Stiglitz