Monday, January 3, 2011

Why Congress Is a Problem

Dave Barry:

Congress tried every remedy it knows, ranging all the way from borrowing money from China and spending it on government programs, to borrowing MORE money from China and spending it on government programs.

This is Dave Barry – the columnist and humorist, not Dave Berri my colleague.

This could have been written when I first starting learning macroeconomics in Fall 1981. The only thing that changed is the source of funds, and the scale.

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