Wednesday, October 9, 2013
We've elected a government that thinks government is a bad idea - anybody see a problem with that? - and who are apparently too stupid to grasp global economics. We've elected people who compare the solvency of treasury notes internationally to a household and credit cards. It is not a useful analogy. Households, first of all, aren't allowed to mint their own currency. Second, they don't hold the trust and investment of the rest of the planet in peril if they don't pay their credit card. This is nothing like a household maintaining a budget, and I used to think these wackjobs were dumbing it down to push their agenda past voters who are none too bright. Now I think they actually are really, really dim witted themselves. I don't know what to do about that.