Saturday, April 20, 2013


That sounds like rather a silly mistake to make.

Of course, I love the line at the end:

Thomas Herndon 's view is that austerity policies are counter-productive. 

Well, duh, if people will just keep lending you money, why would you ever waste time and effort trying to pay it off? I should get published! I'll call it The Single Mom Theory of Economics.

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