Michael Leddy, after a bad storm:
The weather is not destructive or unforgiving or violent. It doesn’t care about us. It just is.
Me, summing inflation-adjusted deficits:
The economy works the way it works without regard to our preferences. The economy doesn't give a damn what we want to be true.
America's Adam Smith, in The Roaring 80s:
... in the Great Depression, economists wrote about unemployment as if it were a bad hailstorm; then the Keynesian revolution gave some hope that nations could do something about the 'economic blizzards' that had previously been considered as random as the weather.
1 comment:
My take on Leddy:
Weather is not a morality play.
My take on you:
The economy is not a morality pley.
My take on Smith:
We don't have to be passive in the face of a storm.
My editorial:
And to be passive when either the weather or the economy do damage to innocent victims IS immoral.
Cheers!
JzB
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