A skeptical leftist's, or post-capitalist's, or eco-socialist's blog, including skepticism about leftism (and related things under other labels), but even more about other issues of politics. Free of duopoly and minor party ties. Also, a skeptical look at Gnu Atheism, religion, social sciences, more.
Note: Labels can help describe people but should never be used to pin them to an anthill.
As seen at Washington Babylon and other fine establishments
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November 01, 2007
Can you say “stagflation”?
People my age and older remember this word from the Ford Administration. Now, with oil prices flirting with $95/bbl and likely ending further Federal Reserve interest rate cuts, and consumer confidence falling along with spending, while the housing-related credit crunch takes its toll, it may be time to break this word back out of cobwebs and bring it back into the lexicon.
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