"Our job is not to make up anybody’s mind, but to open minds, and to make the agony of decision-making so intense you can escape only by thinking."
- Fred W. Friendly (1915-1998)

"Ye shall know the truth, and the truth will make you mad."
- Aldous Huxley

"If you have ever injected truth into politics, then you have no politics."
- Will Rogers

Friday, April 19, 2013

Deficit Cutting Takes A Hit

In the interest of giving you food for thought (assuming you are a thinker and not a politician) Paul Krugman (a mostly-Keynesian economist, and a Nobel Prize winner) had a column that points out some very serious problems in an economic paper whose conclusions have been used verbatim and with almost no analysis by the extreme 'cut deficits at all costs' gang - Republicans in the US who want the money to resume flowing to their "one percenter" benefactors, but also other political types around the world as well.

Me?  I'm mostly with George Bernard Shaw on this one - "If all the economists were laid end to end, they would not reach a conclusion.".

Keep on thinking!

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