Thursday, February 12, 2009
A Hint of Conservatism
TIME Magazine is running an interesting online piece highlighting the 25 players heavily responsible for the state of the American economy. Check it out here.
Oddly enough, the only one that received a perfect 10 was American Consumers.
You see that woman above? She did her part to fuck up the American economy. She moved into a home that she couldn't afford and filled it with clothes, furniture, applicanes, etc. that she couldn't afford. Now that we are in a recession, our government and corporations alike want her to continue spending to revive things. Before, during and after this mess, Americans will continue to be hooked on debt.
Personal responsibility anyone? I don't think we should try to pass off all the blame on people like Greenspan and Madoff. I mean, of course they fucked up. But we fucked up too.