Wednesday, June 1, 2016

Let the rationalizations begin

Venezuela is imploding, but wishful thinkers in the media continue to avert their eyes from the 900-pound socialist gorilla in the room.


bruce said...

"Unfettered spending" might be "partly" responsible for a lack of revenue?

The word "economics" originally meant budgeting a household, until some Scotsman (Adam Smith) got the crazy idea of systematically extending what works micro to macro. Then along came Keynes and here we are.

Do NYT journalists try to spend their way out of debt?

JeffS said...

The rationalization began years ago. The crescendo is just now reaching zenith.

Gregoryno6 said...

900 pounds? Boy, that Sean Penn could do with a season at Weight Watchers.