May 21st, 2013
(written by lawrence krubner, however indented passages are often quotes). You can contact lawrence at: firstname.lastname@example.org
In short, I can’t help feeling that the gold bugs are right. No, I’m not stashing gold bars under my bed. But that’s only because I lack the courage of my convictions.
My fear is not the result of economic analysis. It’s more from the realm of psychology. I mean mine.
But this cure has been one ice-cream sundae after another. It can’t be that easy, can it? The puritan in me says that there has to be some pain. That’s not to say that there hasn’t been plenty of economic pain. But that pain has come from the recession itself, not the cure.
This guy isn’t saying “I am guilty of excess, I need to do penance, please raise my taxes so I can help the nation recover.” Nor he is saying “The finance sector went wild, they need to do penance, lets raise their taxes so they can help the nation recover.” He is saying, “The nation is guilty of excess, someone should do penance, lets cut benefits for the poor, so they can suffer, though their suffering won’t help the nation recover.”
How is it possible that you can write stuff like this in public and still have a career? If I wrote an essay where I said I wanted to brutalize children would everyone smile and nod? To be sure, Kinsey’s preferred policies involve the brutal treatment of millions of children — cutting the benefits of poor people means millions of kids go hungry.Source