@Auxonic the 90s recession was bad enough for many businesses that federal tax revenues were declining and federal debt-to-gdp was increasing strongly. There was some justification for reducing fed spending. But instead of slashing distributions to wealth, they attacked the PS to appease those who'd been drinking the conservative koolaid. Now the LPC is doing it, without any justification at all, when the context is that wealth is doing extremely well while people are suffering increasingly.