A Contest: Analogies for the Pain Caucus
Worrying about inflation and mounting government debt when the unemployment rate is at 10%, capacity utilization at 72%, and the U.S. government can borrow for 30 years at a real interest rate of 1.86% per year is like...
The winner so far is Ben Furnas: ...worrying about getting your furniture wet when your house is on fire.
My best entry so far is: ...telling a fire department that its first priority is to stop filling its firehoses with water and start filling them with gasoline.
