Matt's Ruminations

Guy: We have a black president

Thomas Jefferson: What the fuck!?

"I appreciate the work that goes into this blog’s technical analysis very much. But the fact is that if people no longer received assistance from the government the economy would be in shambles. Unemployment would skyrocket. GDP would plummet. Then where would we be?

The option is to stimulate growth now and pay for it later. It isn’t like the U.S. is going to stop producing goods, food, and other such products. After a “push” from stimulus then Americans will be back on their feet and GDP will rise. Along the way debts will be paid off. It has worked before, it will work now, and it will work again."

Who Else But Krugman!

(Source: zerohedge.com)

…because pretty soon, your only form of entertainment is going to be betting on cockroach races in a military prison.

Yeah, I’d say that’s a fairly accurate foreshadowing.