The Economic Insane Asylum
By: D Sherman Okst
Sep 05, 2010
In a Nutshell: Our economy is really an insane asylum run by lunatics.
Common Sense: No problem can be fixed before a solution is formed. No solution can be formed until the underlying problems are clearly identified.
The officials in charge of fixing the economy have not articulated the underlying problems. Worse, many of these officials – directly or indirectly – created or contributed the underlying problems.
It is shear lunacy to expect that the people who screwed up the economy have any chance at fixing what they destroyed.
Identification of the Underlying Problems
Income: Average Real Weekly Earnings, (read: incomes adjusted for