Wednesday, October 16, 2013

Why should the world trust the US government?

Three weeks of utterly pointless stupidity are over
But right after Christmas, it might all start up again.  Republicans haven't learned a thing, and the media are still trying to blame "both sides".
The recent imbroglio is estimated to have cost $4.7 billion to the economy.  As Ross Douthat says
It was an irresponsible, dysfunctional and deeply pointless act, carried out by a party that on the evidence of the last few weeks shouldn’t be trusted with the management of a banana stand, let alone the House of Representatives.
How long will the dollar remain as the world's reserve currency, if this is the way they're going to act?

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