“Market” failure: The era of regime certainty has begun

posted by
August 8, 2011
Center for a Stateless Society
by Thomas L. Knapp  
Posted in Commentary

"The 'debt ceiling deal' was the final instance of that over-used expression, 'kicking the can down the road.' The can’s too big to kick any more, and there’s no road left to kick it down. The US government is at a dead end: It’s either going to balance its budget, cut its spending and start paying down, instead of racking up, debt, or it’s not. And the answer is: It’s not. Period. With Rome in flames, the politicians openly debated whether to pick up the fire hose or the fiddle, and chose the fiddle." (08/08/11)


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