How Sad is Sad?
E-mailed to the folks @ CNBC @ 05:56am (PDT):
Collectively, you people exemplify sad to an extremely high degree and that includes Rick Santelli, who I have thought well of for a long time.
Problems don’t bother me.
It’s the non-recognition of a problem that is the authentic problem or if the problem is recognized, it is not understood.
You have failed, miserably, to comprehend the provenance of our economics and, along with our “leadership” (Presidency and legislature), are driving an automobile with an opaque windshield.
We are in the midst of the blind leading the blind.
The situation is unpardonable and, yes, very, very sad.
By the way, the answer is not complicated.
HINT: Fiscal adjustments, not monetary.