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View Diary: Krugman is Wrong: The Real Reason to Raise Taxes on the Rich (133 comments)

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  •  Look, it's simple (0+ / 0-)

    The beltway world and the media say that deficits are a huge problem because their owners among the 1% tell them to say that.

    The 1% want deficits to be a huge problem because they want to straightjacket the 99% with austerity. They want to do this because they know a day of reckoning is coming, in which the 99% will take back the wealth the 1% has stolen. So they want to straighjacket the 99% until the last possible moment -- before they actually try to exterminate most of us.

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