Llove Letters

With the economy collapsing around them, the children of Washington, D. C, and New York’s Wall Street continue to bicker with each other rather than focus on repairing the damage before the dam bursts drowning most of us in red ink. David Graham in The Daily Beast quotes Stanford economist John Taylor: “Since when did different views or assumptions about the future become a math error?” Taylor wrote on his blog. “There are of course reasons to dispute the downgrade decision of S&P, but a math error is not one of them. It would be more productive for government officials to move on and to use their time to find…