Today's Recommended Reading on the Economy

Is this article by James Galbraith. It is clearly written and offers a point of view which is rare in the mainstream media.

Apropos of nothing, the whole government deficit debate and its sudden appearance out of nowhere might just turn me into a conspiracy theorist, especially after that Let's-Invade-Iraq message late in 2001.

In both cases the reasons for the sudden emergence of a particular topic remained completely unclear to me. People were not talking about the need to invade Iraq right after 911, and neither were people talking about the Deficit Monster this year until someone decided that it would be the topic of this season.

We are being led by the nose, my sweet readers. Just thought I'd point that out.