Wednesday, November 10, 2010

Time Horizons: Holy Fucking Shit Edition

Matt Yglesias writes what might be the stupidest thing he's ever written:
All the hot bloggers and think tanks are working on their long-term deficit reduction plans, but I have to say I’m a bit confused as to why. It’s definitely true that in principle a country should always have a specific plan for returning to long-term balance. But does that ever actually happen? The budget deficit isn’t currently a problem, but it almost certainly will be in the future and that’s when congress will act to deal with it.

Now, this coincides precisely with FLG's time horizons theory in that Matt is completely baffled about long run concerns. But, Matt, for fuck's sake man, there's this crazy theory out here in the real world that holds that it's better to deal with problems before they became fucking crises. Because, like, crises are bad and stuff.

2 comments:

Anonymous said...

You have an awful lot of confidence in your memory, and your ability to dredge up his silly posts from the past to compare them. dave.s.

FLG said...

Dave.s.,

I said "might."

 
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