Quoting the Crisis

04/11/2009

“ This brand of economics is the conservative obsession with personal responsibility taken to the nth degree. We are weak, selfish, and we spend frivolously. If only we’d buckle down, pull ourselves up by the bootstraps, and limit ourselves to “necessary” expenditures we would be fine. Yes, we can cherry pick an example here or there of a person who blows all his money on plasma screen TVs and can’t pay his mortgage just like we can find earmarks that are pure waste. Neither example is evidence that our problems as people and as a nation have to do with priorities. Our problems are systemic and deeply rooted. We are at a crisis point not because we are choosing between the mortgage and a mall shopping spree. Instead, we are choosing between the mortgage and college tuition, Medicare or the military. „

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