Capitol Hill Blue Forums Political Issues The Obama Administration 6,825.42 Nice job Mr. President

So, that is Krugman's fantasy of the day. Too much saving and not enough spending. I detect the strong odor or Keynes in the room. Here is a question he might want to answer -- or not. What produced the "glut of savings", and what incentives directed it to where it went?:-)
Yours,
Issodhos
P.s. If memory serves, it was Hayek who stated that jobs in an inflationary economy required increasing inflation if those jobs were to be maintained.