Archive | US Economy RSS feed for this section

Read This

6 Aug

Shock Doctrine and the Debt Limit.

Via naked capitalism.

Not sure why I didn’t think of this fiasco as shock doctrine before, but it makes sense. I will say that I’m not quite sure it worked, given the fact that the stock market, um, tanked when the deal finally went through. Maybe investors are finally figuring out that you can’t have a vibrant economy without a vibrant middle class? I’m not holding my fucking breath.