Bogus Fiscal Crisis
Over the last six months, I have gotten increasingly agitated at the consensus that has developed that we have a debt and fiscal crisis in the US. I attributed much of the noise coming from those who were telling us to watch out for the falling sky to a political agenda with the election approaching. Nevertheless, I have been unable to clearly articulate the opposite case - that we don't have a fiscal crisis - we have a an impending disaster from those who want to fix the debt challenge we have with austerity - and that would be the true crisis.
This morning, a mental health professional I am married to referred me to the linked article from Pscycology Today. I was humbled and thrilled at the same time - the individual who has perfectly captured the irony in our muddled thinking is a high school student and economist.