Sunday, July 10, 2011

The Invisible Hand - Severed and Maimed

Another timely reminder that our country is run by a bunch of ideological sociopathic assholes (in both parties). I know "facts" and "empirical evidence" are really difficult to understand, inconvenient, have a well-established librul bias, but the way we willfully and categorically ignore them in the governance of our nation makes me want to go play in traffic, human Frogger style. 

The deficit is not the greatest economic problem of our time. Sagging aggregate demand brought down by structural unemployment and an anemic housing sector is where the real crisis lies.



But banksters and CEOs are back to eight figure bonuses and compensation packages, so just wait a little longer. It'll all work out - we just need to give the invisible hand time to recover from its recent surgery. 

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