It’s the economy stupid…
Every now an then there is something important enough to try and understand…This time it is the economy. This post is mainly just a link to the Fresh Air Interview with Michael Greenberger that explains in terms you can understand what’s going on. This is the best explanation I have heard and it highlights the some major partisan differences in economic philosophies. This second link is also a Fresh Air interview with Greenberger that aired yesterday. It offers an explanation of the bailouts and other exciting things going on.
Fresh Air: “So. A lot of the things that have crashed our economy is just…betting?!”
Greenberger: “It’s exactly betting.”