Sometimes when it is hard to understand politics, budgets, economics, and sociology I find it helpful to think of nations and states like big families. Drawing on this analogy, there was a good New York Times opinion piece by Thomas Friedman, Still digging.
It is amazing (and sad) for me to watch the battle going on in the USA about tax cuts for the wealthy. Ideology rules. At some point you have to compromise and realise that when you have a huge debt, you have to make hard and painful decisions: cut spending, raise revenue or do both. You can't keep putting it off...
Friday, December 10, 2010
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