Monday, December 17, 2012

We're Not Broke!!

We're not broke, we're not broke! We're being played for chumps. There's no "fiscal crisis." There is, however, a Destructive Political Opportunity in arguing about the so-called "fiscal crisis." 

The real crisis is the jobs and unemployment crisis. For every 1 million people that go back to work THE FEDERAL DEFICIT GOES DOWN BY $54 BILLION.

TIght labor markets -- low unemployment -- is the key for working people. MASS UNEMPLOYMENT drives down wages. If wages go up, the budget balance for Medicare and Social Security looks much better.

[30 second economic teach-in] Live better, cut the crap.

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