Semi-Daily Journal Archive

The Blogspot archive of the weblog of J. Bradford DeLong, Professor of Economics and Chair of the PEIS major at U.C. Berkeley, a Research Associate of the National Bureau of Economic Research, and former Deputy Assistant Secretary of the U.S. Treasury.

Monday, December 19, 2005

Only Fafglof... Fafbllog... Fafablog... "No more blooging while drunk!!"... Fafblog can analyze the economic policy of the Republican leadership at the appropriate level:

Fafblog! the whole worlds only source for Fafblog. : Nature's Harmonious Money Cycle: So you can't afford to heat your house and somebody went and cut your Medicaid and food stamps. "Oh no!" you say burnin a spare child for warmth. "Whatever will I do." Don't worry poor people! Hope is on the way in the form a multi-billion dollar tax cuts! "Oh but Fafnir those tax cuts won't help me," you say, "the vast majority are going to super-wealthy investors." Sure they will! When we help out the richest one percent we help out everybody! It's all on accounta the mysterious beauty of Nature's Money Cycle. Money starts out in Congress where it rains from Senatorial clouds in the form of torrential tax cuts. It collects in rivers and flows downhill into billionaires and large corporations where it is evaporated by lobbyists and rises into the air in the form a campaign contributions which condense in the atmosphere which turn into Congress again, which rain the tax cuts and start it all over again and the wheel of life rolls on. The Money Cycle is all around us every day! Can you find yourself in the Money Cycle? That's right! You're the tiny microscopic planktony thing about to get eaten by the octopus! You're right next to the leprechaun with the magical pot of pixie gold who's gonna pay down the national debt. So if you're feelin cold, sick and hungry this winter while Larry Ellison buys an extra boat, don't feel sad! We're all part of Nature's Money Cycle, and someday some a that boat's gonna trickle down to you! Maybe a piece of the bowsprit, after Larry throws it out to buy a better boat. I hear that's delicious in a lemon marinade.

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