Nobel laureate warns of danger of deflation trap - falling wages and demand for goods, rising layoffs - could mean spell disaster: the end of the American middle class. Economy is "on the edge of catastrophe, and much of the Republican party is trying to push it over that edge" out of loyalty to "a discredited economic philosophy."

Their take on deficit spending is somehow at odds with the near $TRILLION$ spent on an illegal war.

Boy isn't that the truth. We can spend it to kill strangers but not to employ citizens. Sheesh. Is that perverted or what?