While the movement across America to stop an out of control Congress in its tracks will likely lead to Republican victories and control of at least the House, the idea that this will somehow change the economic outlook for the better is conjecture. While our regular readers already understand we’re in a depression, most Americans have no clue of the severity of the problem.
A lot of personal economic decisions in the very near future will be made out of desperation. Congress, be it democrat or republican, cannot stop the coming wave. Whether we print more money a la Paul Krugman and Keynesian economics, or cut spending through austerity measures, the shit is about to hit the fan.-‘Austerity Will Hit America Like An Eight Pound Sledgehammer’
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