Arkansas Watch | marWe need one another in bad times

Wednesday, July 14, 2010

Print item

My last two columns have been about how we can protect ourselves from some of the terrible economic consequences that are beginning to fall on this nation because of the foolishness and corruption of our ruling class — from both parties. The technical name for what’s coming is stagflation. Prices will rise, but incomes will not keep pace. While a few wellconnected looters at the top will become obscenely rich, the middle and working classes will be all but destroyed. I don’t need a time machine to know this, just a history book. This is what has happened to every nation which conducted its financial affairs the way ours are being conducted. In fact, these things have already begun to happen.

Subscribers must LOG-IN to read this full story.
Monthly and yearly online subscriptions are available starting at only $2.99. Access is free for print subscribers. Click here to see rates and register.

Opinion, Pages 4 on 07/14/2010

Registration is required to make comments. Click here to LOGIN.
You can register for FREE to post comments and receive alerts.