Why Americans Are Going Broke
4th February 2008
Read it. *yawn* The Sky Is Falling; film at 11.
There is no recession. Deal with it. Certain politicians and journalists would like you to believe that there is a recession because if you believe that one, they can tell you another one, i.e. that they can fix what ain’t broke. It is an elementary fact of politics that you have to convince people that they need saving if you’re going to pose as their savior. This is not rocket science.
Certain people are getting hammered because they made silly economic decisions that are finally catching up with them. Clue: That’s the way the system is supposed to work. People who make bad decisions are — what’s the technical term? — LOSERS. The distinguishing characteristic of LOSERS is that they lose. Do the math.