Thursday, May 27, 2010

You are not alone...

in not making much economic sense. There are always people who think they know better, it does not mean they have solutions to the problems. There is a case for change, but until there is enough, there are still the same solutions needed*. That is not to say there can't be too much. There can. And Obama isn't it. Too much change that is, but hopefully, incrementally just enough.

We must have a design with an intention, not just a bottom line that starts at the top. Those that see the deficit as the greatest problem and cutting spending as the simplest solution, should know better**, not that it influences their success or advice.

* proper investments(not just jobs) are needed along with top down reform of the "invisible hand" and "bubble" blowing; a tweaking or replacement of Keynesian economics.

** 5-28-10 the other Washington link and labels(I-1098)added.

2 comments:

Roger said...

Re: 1st 3 links
Teachers Yes!
Sarah No!
Case for change, not socialism.
So my point was that the articles are not making economic sense unless we invest in teachers, understand the housing bubble and invest in change. Not just misappropriate words.

Roger said...

Re: "but hopefully"
Will we go far enough in reining in derivatives?