Home > economics, political-economy, politics, shorter work time > Brad DeLong’s five percent solution… (2)
  1. November 29, 2009 at 5:18 pm

    There’s no way to get something for nothing, and all these stimulus plans and shifting of private debt to the public are fantastical attempts to do exactly that. Like individuals, countries need to follow austerity plans, but that would take honesty and courage, both of which are lacking in our “leaders.”

    • charley2u
      November 29, 2009 at 10:10 pm

      An excellent suggestion, Mr. Roach. Completely wrong, of course, but so completely wrong that we need only turn it upside down to make it absolutely right. I will try to do this in a response post.

  1. November 24, 2009 at 10:51 am

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