Folks in the bottom half of the economy are already squeezed hard. They will be bloodied and bankrupt if economic policy inadvertently induces a recession.
Conceivably, we could be witnessing the start of a break from the era of US-led globalization in which Washington preached unfettered trade to the rest of the world.
As the world`s finest democracy, we do not do guillotines. But there are other less bloody rituals of humiliation, designed to reassure the populace that order is restored, the Republic cleansed.
Folks in the bottom half of the economy are already squeezed hard. They will be bloodied and bankrupt if economic policy inadvertently induces a recession.
