[bobabode]

Just watched Herndon on The Colbert Report. I'm really surprised that this story hasn't gotten much traction so far. Two world renown economists, who's work has been widely used by the conservative pundits and their lackeys (Paul Ryan being one of them) to argue for austerity in times of slower economic growth, have been proven to be at worst, bald faced liars who cooked the books At best? They are friggin' morons who can't navigate an Excel spreadsheet.

I don't know what is more tragic? The fact that we have leaders in congress who swallowed this mendacious line of bullcrap or the fact that the President has to negotiate with these same so called leaders.

How hard is it for people to see that without people working, there is no consumption? Without consumption, there is no need for products. Anyone want to guess where that will lead?