Perhaps you’ve heard people complain of the government being too big. It isn’t just that they think smaller government works better. Most express a hatred for the government – their government.
They are fortunate not to get their wishes granted. Here is the word of the day for them.
dystopia (noun)
- A vision of a future that is a corrupted (usually beyond recognition) utopian society.
- State in which the condition of life is extremely bad as from deprivation or oppression or terror.
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Simon Johnson last week wrote a piece for the New York Times. His contention is that the fiscal conservatives, Republicans, Blue Dog Democrats and others, cannot, in his words, be taken seriously.
I share that sentiment. I also share his fear that they will define the debate.
Fiscal Austerity and America’s Future
By Simon Johnson
There are three main views of the financial crisis and the most recent recession. In the first two views, the debate over the fiscal deficit is quite separate from what happened in the crisis. But in the third view, the financial crisis and likelihood of fiscal austerity are closely linked.
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