A Tale of Two Dentists
This may be a bit of an assumption, but chances are you’ve heard at least one or two things about the current state of the U.S. economy. Leaving aside all preconceptions of politics, it’s important to step back and take a good, hard look at what each side, Republicans and Democrats, actually want to do rather than say about the economy. Understandably, sound bites concerning “failed stimulus” and “fat-cat bankers” are much easier to process, emotionally and rationally, than a flow chart and equations. Would you rather listen to a live briefing from the Congressional Budget Office on the latest deficit and spending statistics or have a nice man in a suit and tie explain it to you over a TV dinner? Or perhaps neither choice appeals to you, and you think, “How could I possibly understand all this, anyway?” Well, you’ll no doubt be pleased to know that it’s quite easy to understand the finer points of economic policy. All you need to be able to do is tell a story. Imagine for a moment that there is a patient sitting in a dentist’s chair. Let’s call this particular patient the U.S. economy. For the past few years, the […]
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