trendfollowing's Commentaries
July 4 Thoughts
I was out this morning in San Diego breaking a sweat running stairs at the San Diego Convention Center (which does get you in great shape, but might kill me!). I could not help but notice that the NEA has a big convention in town. 17,000 public education folks from around the country in to enjoy fun and sun. Didn’t the State of California just hand out IOUs for the first time since the Great Depression, but 17,000 people on the public dime come to do exactly what that could not be done via phone and internet? Eat, it appears. I digress. Then I get back and see Tom Raum from the wires writing today:
The mountain of debt easily could become the next full-fledged economic crisis without firm action from Washington, economists of all stripes warn.
Let me get this straight. We just bailed out everyone under the sun with massive new DEBT and today Tom Raum writes with a straight face that “economists” warn it will be a problem? Tom, seriously, and I mean no offense as you are probably a fine family guy and all that, but you are an absolute idiot. Think about his one sentence:
1. The debt problem is not yet here from his perspective.
2. Economists, the same ones who predicted nothing, now “warn”?
3. The government can fix it? Really. Explain that to me!
At least we get fireworks today! Happy 4th!
Tags: politics
