tag:blogger.com,1999:blog-3210378500200629631.post7942867784278850130..comments2023-11-06T00:09:38.672-08:00Comments on Mase: Economics and Finance: More on Crybabies: No One is Responsible!Mase: Economics and Financehttp://www.blogger.com/profile/16730994070959040962noreply@blogger.comBlogger1125tag:blogger.com,1999:blog-3210378500200629631.post-17053803626387837922010-04-29T16:28:30.936-07:002010-04-29T16:28:30.936-07:00Paragraph #1: Concern about the future. #2:Concern...Paragraph #1: Concern about the future. #2:Concern about Fed policy. #3: Concern about federal deficits. #4: Concern about business indebtedness. #5: Concern about personal indebtedness.<br /><br />Step back a moment and look at your concerns: Excessive debt in <i>every</i> sector of the economy. And, concern about economic policy.<br /><br />So far there is not a hair's breadth of difference between you and me. Then you say <i>Someone must take responsibility</i>. Now, there is not a hair's breadth of difference between you and everyone else. <br /><br />If we have excessive debt in every sector of the economy, then not someone but everyone must take responsibility... or... Or maybe the problem is not <i>all</i> of us, but <a href="http://newarthurianeconomics.blogspot.com/2010/04/policies-of-venn-overlap.html" rel="nofollow">policy</a> itself.<br /><br />Sorry. I couldn't get past your first few paragraphs this time.The Arthurianhttps://www.blogger.com/profile/16501331051089400601noreply@blogger.com