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.

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