Math is hard
"...Obama promises to create 4 million jobs, with over 90% in the private sector. Does this mean he plans to add almost a million expensive new bureaucrats to already bloated government payrolls?"
-- SF Chronicle letter to the editor, by Cary Fullbright
(and yes, you can't make this stuff up. That is the name provided)
Said person then goes on:
"I fear that the great minds of Washington and academia learned nothing from the Great Depression and are determined to repeat it."
Actually, I fear that these alleged great minds are fighting the last war. That in fact they learned their lessons quite well from the Great Depression, but have no clue how to deal with modern-day financial problems insofar as they might require different approaches. (I'm not asserting that this is true, but I do fear this)
-- SF Chronicle letter to the editor, by Cary Fullbright
(and yes, you can't make this stuff up. That is the name provided)
Said person then goes on:
"I fear that the great minds of Washington and academia learned nothing from the Great Depression and are determined to repeat it."
Actually, I fear that these alleged great minds are fighting the last war. That in fact they learned their lessons quite well from the Great Depression, but have no clue how to deal with modern-day financial problems insofar as they might require different approaches. (I'm not asserting that this is true, but I do fear this)