Christopher Floyd (drdeleto) wrote,
Christopher Floyd
drdeleto

"Waist Deep in Evasions"

It's true! Ol' George Will can still belt out a good one every once in awhile:
We are waist deep in evasions because one cannot talk sense about the cultural roots of the financial crisis without transgressing this cardinal principle of politics: Never shall be heard a discouraging word about the public.

Concerning which, a timeless political trope is: Government should budget the way households supposedly do, conforming outlays to income. But the crisis came partly because so many households decided that it would be jolly fun to budget the way government does, hitching outlays to appetites.
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