Tag Archives: inflation

The boning

John Cole: inflation, plus a shitty job market with no upward pressure on wages means that the boning of what is left of the American middle class will continue in earnest. But don’t worry, we’re busy getting rid of your pension and social security… Link

Why we might need more deficit spending

On the 2nd of this month I wrote a short snarky post about the explosion of our national deficit. I still think it was dangerous and stupid to borrow so much money (from China mainly) in a time of economic prosperity to spend on the war in Iraq and tax cuts for the rich. However, […]