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Inflation Is Falling. So Why Are the Fiscal Austerians Back in the Headlines? ( www.thenation.com )

The not-so-secret fact about America’s economic “success” over the past 40 years is that its gains have been exceedingly unevenly distributed in favor of the country’s wealthiest. Accustomed as they are to sustaining and increasing their economic gains at the expense of America’s workers, any marginal change that...

markr ,

Cmon, that’s easy. When inflation is up: we need us some austerity. Then when inflation is down, obviously that is when austerity is called for. If you are confused, please see: when do the rich need tax cuts.

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