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srican69

(1,426 posts)
Fri Apr 26, 2013, 10:01 AM Apr 2013

new euphemism alert

The rich are now the 'SAVERS' ( as opposed to, what was it, job creators) and the poor are - BORROWERS!!!
(cause they dont have their own money to spend)

R&R in defense of their magnum opus in NYTIMES today

In short: many countries around the world have extraordinarily high public debts by historical standards, especially when medical and old-age support programs are taken into account. Resolving these debt burdens usually involves a transfer, often painful, from savers to borrowers. This time is no different, and the latest academic kerfuffle should not divert our attention from that fact.


http://www.nytimes.com/2013/04/26/opinion/debt-growth-and-the-austerity-debate.html?
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new euphemism alert (Original Post) srican69 Apr 2013 OP
Savers?! The rich are freakin' HOARDERS! meow2u3 Apr 2013 #1
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