Tag: crisis
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A Picture Worth 800 Billion Dollars
In case somehow you think all the talk of “an economy in free fall” is somehow just hyperbole: This graphic, printed at Swampland, makes clear: We are already in deep trouble. The current stimulus bill is, in anything, too small. Under circumstances like these, rapid and massive spending by the government is the only thing…
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What’s Going Wrong
The failure to enact the bailout bill, or indeed, any economic recovery bill, has shaken some people to their core. It’s heightened a sense that our politics is broken and that we as a people no longer have what it takes. Someone wrote something at Political Animal that stirred in me a passionate response, and…