Monday, July 9, 2012

Quote of the day

Matt Yglesias:
I'm not much of a car guy, but the way I understand this metaphor to work is that if you want to give rich people credit for being "the engine of the economy" then if the economy is performing subpar it follows that something's wrong with your engine. And yet I suspect Zambrelli wouldn't take kindly to that diagnosis.
I actually found this interesting as it speaks to an odd sort of logic.  People wanting to claim credit for the good pieces but not for the bad ones (like economic downturns).  And yet if you want the credit for good performance you really ought to take your lumps for when things are bad. 

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