<http://krugman.blogs.nytimes.com/2012/03/12/losing-the-belt/>
"A number of people have asked me for a quick, easy explanation of the difference between a government and a family — basically, what’s wrong with the argument that when times are tough the government should tighten its belt. I’m working on it. But maybe we can use Greece as a quick illustration of the point. After all, you could view Greece as being like a family that overspent, got itself into debt, and whose members now have to do all the things families do when they get in that position: slash spending on inessentials, postpone medical care and other big expenses, quit their jobs and reduce their incomes — oh, wait." -- Bruce Johnson University of Arizona College of Pharmacy Information Technology Group Institutions do not have opinions, merely customs -- You received this message because you are subscribed to the Google Groups "StrataList-OT" group. To post to this group, send email to [email protected]. To unsubscribe from this group, send email to [email protected]. For more options, visit this group at http://groups.google.com/group/stratalist-ot?hl=en.
