Jiblog is the intellectual repository of a Midwestern, gas guzzlin', beer chuggin', one woman lovin', son of a bitch conservative.
Thursday, February 19, 2009
What will history call the current economic mess?
A: They'll call it a debt crisis, and they will bemoan the fact that it took us so long to figure out that it was the debt side of our ledger that was the real problem, not the credit. They'll also look askance at our choice to debt ourselves out of a debt crisis.