NP - Toryism (Austerity) Isn't Working.

[Richard Fiero]

A rereading of AtD might be instructive. It's like an "inside 
baseball" show to debate tinkering with the economy although many do 
it. The current global economy is a revisit to the Gilded Age where 
the rich stole and owned too much with labor too weak to defend 
itself causing the oppressed classes to view their situation as 
uncomfortably harsh. Propaganda of the Deed spread globally for a 
short while until the main proponents abandoned it leaving a handful 
of martyrs to hang. It was not until the rise of labor unions that 
political economy became more bearable.
I will watch the Occupy movement for the needed rebalancing that's in order.

alice wellintown wrote:
>OK, Right. But Ben and Krug are econ dpt. profs, the latter kind.
>
>However, it is Krug, in his position as journalist, that is marching
>to and banging the editorial drum.
>
>Ben, in his position as Fed Chair, is ignoring the Biz-School
>editorials and responding to Krug, even as Krug accuses him of  giving
>in to the WSJ & Co.
>
>I suspect that we've head the last from Ben on this because Krug is
>getting more and more absurd with his attacks.
>
>The two academics disagree. that is healthy and normal. But one sets
>fed Policy and the other, despite his academic credentials, is a
>journalist.