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Friday, May 24, 2013

The one article on our economy virtually all adult Americans should read


Matt Taibbi, writing in Rolling Stone magazine in his article The Mad Science of the National Debt


"What a crazy time we live in. 

Domestic politics have devolved into an ongoing hostage crisis in which the opposition party threatens to blow up the financial universe every six months or so, and the leading political minds in the country can't figure out how to keep this from being a permanent feature of our budgetary process. Meanwhile, global monetary policy is drifting in the direction of semipermanent stimulus, and no one has any idea how it all ends. It's two different runaway-freight-train action movies going on at the same time. God help us."

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