Is Economic Clarity an Oxymoron?

Nobel author, Joseph Stiglitz, via Wikipedia

As the nation struggles to emerge from the worst recession since the Great Depression, the issues are becoming harder for politicians to ignore and the 2012 election is shaping up to be one of the most meaningful that I can remember in my lifetime.  At stake is whether the nation can embrace fiscal discipline or not, and possibly whether the world economy will survive.

The Erstwhile Conservative recently made a well-written and well-researched post on some of the economic issues, including on the outrageous disparity between the massive costs of the ill-considered “War on Terror” and the now comparatively tiny federal assistance requested for Joplin in the wake of the historic tornado.  I made a fairly extensive comment on it.  The post is well worth reading and it has an outstanding link to a non-partisan analysis by a Nobel-winning author.  I commend it to all who are concerned in this increasingly contentious pre-election period.

Advertisements