I’m going to summarize this NYT article, only with some subtext added:
We’re on the verge of a second recession. The problem is that the first recession – which got triggered after the Democrats lied and smeared their way into control of Congress in 2006, and then proceeded to show a talent for sober fiscal governance comparable to those of crack-smoking meerkats – was thoroughly mucked up by said addicted meerkats, not least because they had the bad luck after 2008 to have as their figurehead a Democratic community organizer who can’t even do demagoguery properly (it’s surprisingly hard to ritually summon a Mob via Teleprompter). Couple that with a charmingly naive Cargo Cultist mentality when it comes to Keynesian economic theory, add the amusing detail that the government has run out of solutions to spectacularly mess up, and you end up with an official government economic policy that can be summed up as follows:
Continue reading #rsrh NYT: Second recession may mean proOHMYGODPANICPANICPANIC