Lest you wonder why I am supremely confident that the USA is doomed:
“Every month that we do not have an economic recovery package, 500 million Americans lose their jobs.”
– Nancy Pelosi, Speaker of the House
Where, oh where, would we be if those brave advocates of women’s suffrage hadn’t unlocked the vast reservoirs of governing talent being kept on the sidelines thanks to the Patriarchy’s oppression of the fair sex? Macroeconomics is bogus enough, but even if you subscribe to one of the Keynesian, Neo-Keynesian, or Monetarist myths, you have to be at least a little dubious about the success of any model which relies on correct application by individuals so vastly ignorant of the relevant statistical factors.