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View Diary: CBO: Deficit will tumble this year, but obsession with fiscal tightening will hurt economic growth (67 comments)

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  •  Do elites have to care about unemploymt anymore? (6+ / 0-)

    It appears to be the case that the increasing insecurity, dropping wage and benefit levels, and extended unemployment suffered by a huge section of the American population has proven to be no major priority or fear for our political system.

    Maybe they feel we can be comfortably transitioned to the 1970s-80s South American / Caribbean model of gleaming development in upper-class areas and shanty-town / brute worker peripheries.

    Hard to say.

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