I read Krugman as saying that it's the wrong time to be careful and reduce the demand of the 80% of the population that consumes everything they earn and more.
But we know that in the case of USA, it's on the wealthy that the tax increase should go -they pay a lower rate than the median earners... Earth provides enough to satisfy every man's need, but not every man's greed. Gandhi
- Jake If you only spend 20 minutes of the rest of your life on economics, go spend them here.