Saturday, July 30, 2011

The Costs of Political Paralysis

link here to article

Brad DeLong suggests that he can't talk about political economy until we know what will happen in the war over the debt ceiling. Instead, he outlines some of what has been lost. He lists several things that we should have been doing that were not done, and he laments that the world has been left without a competent super power, as the US continues its descent into political oblivion.

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