[lbo-talk] Wherein Krugman laments his cribbing of Henwood has come to naught

[Jordan Hayes]

Wojtek writes:


> [...] and the status quo will return in its full glory.

The status quo isn't the status quo unless the middle class can purchase 
goods and services.  When they squeezed real incomes, they offered 
rising home equity to fill the gap.  I think they are out of tricks at 
this point.

/jordan