Mike Klonsky's SmallTalk Blog: WEEKEND QUOTABLES

Mike Klonsky's SmallTalk Blog: WEEKEND QUOTABLES:

WEEKEND QUOTABLES

9/12

“We spent trillions on foreign wars and allowed our physical infrastructure to deteriorate and our technological infrastructure to fall behind that of the rest of the developed world. We ignored the increase in inequality and laughed off the decline in U.S. manufacturing. We fed a credit bubble that would eventually pop our economy and ran up the debt and eased monetary policy in ways that would make an effective countercyclical response