Japan as a Role Model

(Community Matters) Paul Krugman explains this unlikely proposal. Until the middle class feels secure again in jobs and our economic power reignited, corporate investment will lag and investors will continue seeking safer options. The article’s note about inflation easing the burden of public debt is important as are concerns for seniors without assets relying on fixed incomes. Wish we could index the minimum wage but don’t see a political chance in hell.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s