Now let me get this straight. We just suffered a devastating financial crisis. Industry and government analysts saw it coming years ago, but were powerless to avert it.Yup--with Medicare and Social Security failing and spending expanding, Democrats propose doubling down to add expense and create more institutions too big to fail.
Having had our fingers badly burned by a massive national flirtation with disaster, some might conclude that caution and fiscal restraint were the order of the day.
They would be wrong. Instead, we've decided to stop paying the mortgage, untether major expenses from the tiresome obligation of earning money with which to pay them, and peel out for Vegas (en route to which, we plan to blithely "spend our way out of the doldrums", assuming levels of debt never before attempted -- either in real terms or as a percentage of GDP).
What could possibly go wrong?
(via reader OBH, Betsy's Page)