Wednesday, June 30, 2010

Brilliant and scathing criticism of the Deficit Commission by economist James K. Galbraith. A must read!!!!



Everyone must read this!

Galbraith's testimony before Congress on the Deficit Commission.


4 comments:

Matt Franko said...

Mike,
WOW!

I never thought somebody of his Prof stature would tell it like it is so bluntly!

What will these debt doomsday a__holes use for an excuse now?

I hope this goes somewhere...

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Philip said...

That was surprisingly good.

Mr. Obama seems to have a Soviet-style of governing in that he seems to want to set up committees and czars to give the impression of progress (regardless of the constitutionality) but never accomplishing anything. (Actually, if these committees and czars do nothing, I think we would all be better off than if they did something.)

Ryan Harris said...

Impressive. Bringing truth to the misinformed in power takes guts even when a person has enormous credibility. I just hope this is the system of governance working as it should and NOT a Last gasp before getting crushed.