Some very good explanations from Jill today on the ugliness of politics not just here but abroad. With the domestic economy on the brink she brings up a good point about watching inflation, which can be the tipping point.
We have to confess that we’re not among the most diligent readers of the New York Times, and in particular tend to avoid the work of their star columnist Thomas L. Friedman, but one particularly unsettling example did come to our attention last week.
It is of the “I have a dream” species, and imagines President Obama able to persuade Democrats and Republicans to set aside their narrow prejudices ( presumed to be respectively unlimited spending and balancing the budget ) and work together towards a better future.
Some of us are doubtful that merely splitting the difference between these two opposing views will put right the massive damage which has been done to the global economy over the past two decades, but Friedman’s punch line leaves us in no doubt as to his value judgement – the reverie end…cont’d
