Crotty, James - Political Economy Research Institute (PERI), University … - 2011
-term financing problems in the Social Security and Medicare programs, have triggered a one-sided austerity-focused class war in the … crisis is the result of a shift from the New-Deal-based economic model of the early post-war period to today's neoliberal … austerity. After tracing the long-term evolution of our current deficit crisis, I show that this crisis can be resolved by …