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Subject:  Bogus Fiscal Crisis Date:  2/5/2013  1:28 PM
Author:  CMFbbmaven Number:  393800 of 396

Over the last six months, I have gotten increasingly agitated at the consensus that has developed that we have a debt and fiscal crisis in the US.  I attributed much of the noise coming from those who were telling us to watch out for the falling sky to a political agenda with the election approaching.  Nevertheless, I have been unable to clearly articulate the opposite case - that we don't have a fiscal crisis - we have a an impending disaster from those who want to fix the debt challenge we have with austerity - and that would be the true crisis.

This morning, a mental health professional I am married to referred me to the linked article from Pscycology Today.  I was humbled and thrilled at the same time - the individual who has perfectly captured the irony in our muddled thinking is a high school student and economist.  

http://www.psychologytoday.com/blog/cutting-edge-leadership/201302/is-there-us-fiscal-crisis-no-and-heres-why


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