Defining Prosperity Down
Paul Krugman, New York Times
I'm starting to have a sick feeling about prospects for American workers "” but not, or not entirely, for the reasons you might think. Paul Krugman Yes, growth is slowing, and the odds are that unemployment will rise, not fall, in the months ahead. That's bad. But what's worse is the growing evidence that our governing elite just doesn't care "” that a once-unthinkable level of economic distress is in the process of becoming the new normal. And I worry that those in power, rather than taking responsibility...
http://www.nytimes.com/2010/08/02/opinion/02krugman.html
