Penn Jillette writes a commentary piece that asks the right questions about our current straits in his own quirky way. It comes down to this: is spending our way out of the recession/depression a counterintuitive necessity like turning into a skid on an icy road, or is it a suicidal decision like accelerating your car as you approach an oncoming reinforced concrete wall?
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The analogy is accurate like driving on ice – have to try something that might work, and if it doesn’t you’re screwed anyway.
I’m hoping we’re not screwed, but who knows?