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|One must still have chaos in oneself to be able to give birth to a dancing star. -Nietzsche|
February 3, 2008
Americans like to work more hours for less money
With two-thirds of the nation saying the country is on the wrong course, the two parties are offering candidates both of whom played major roles in setting that course. And neither probable nominee has advanced ideas to deal with the crises America faces, nor even shown any great awareness that the country is in crisis.
Now, with the middle class tapped out, the home equity used up or declining, and mortgage, auto and credit card debt turning rotten, the U.S. government is going abroad to borrow 1 percent of GDP to hand out in checks in May to get consumers buying again to prevent a recession.
What kind of long-term solution is this?
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