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Do we need the middle class?
TalkLeft found this 12/18/2008 on krugman.blogs.nytimes.com
Kevin Drum writes that One way or another, there's really no way for the economy to grow strongly and consistently unless middle-class consumers spend more, and they can't spend more unless they make more. This is a widely held view, and I'm as much in favor of a strong middle class as anyone. ...