The Wheels On The Bus Go Round
Written on Apr 15th, 2011
I’m currently sitting in the Edinburgh airport in Scotland sipping on a rather expensive $6 diet coke while waiting for my flight to Dublin. I haven’t done a post on the economy in a while, so I figured it was about time. Lots is going on down south, none of it is good. Last weekend the US government came close to a shutdown due to the fact that they hit their congressionally approved debt ceiling. While it’s been raised previously, there’s growing concern that the US debt is at the point of no return. As a result politicians on both sides are trying to get both sides to agree to cuts. Unfortunately the cuts that are proposed are so small that they are basically insignificant. As Peter Schiff said, the cuts may as well be a rounding error in the math for all the good they will do. An article […]
