Someday people will look back and wonder, What were they thinking? Why, in the midst of a stalled recovery, with the economy fragile and job creation slowing to a trickle, did the nation’s leaders decide that the thing to do—in order to raise the debt limit, normally a routine matter—was to spend less money, making job creation all the more difficult?

What Were They Thinking? by Elizabeth Drew | The New York Review of Books

Um, I’d like us to just skip ahead to that point, OK?


Notes

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