Blog Credo

The whole aim of practical politics is to keep the populace alarmed (and hence clamorous to be led to safety) by menacing it with an endless series of hobgoblins, all of them imaginary.

H.L. Mencken

Wednesday, April 25, 2012

Austerity? Still Sucks!

Britain, the foremost practioner of austerity, has slid back into recession.

I'm sure conservatives on both sides of the Atlantic will either blame this on the Greeks or suggest that "recessions are good for you" by building moral fiber.

I think we know which way David Brooks will go.


Now I have a chart.  FEAR ME!

In case you can't read it, the yellow line is the US, the blue is the Euro zone and the red is the UK.

We win.  USA! USA! USA!

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