It’s a legitimate question, at this point. Time will tell if the math ultimately gives out, or if the “dismal science” of economics can continue to live up to its name in defying expectations.

Maybe it’s just another example of economic moral relativity?

If you strive to live in a world where individual responsibility is a virtue, then we might just have a problem here, folks.

If not, then who are we to judge? Only history will be able to do that.

American Institute for Economic Research: A Fate Worse than Hyperinflation

“…easy money generates risk free profits for banks and growing federal deficits. Worst of all, the public is unaware.”

“The political system has developed a formula over the last decade that has only pushed in the direction of further fiscal irresponsibility. Fiscal expansion is not followed by higher taxes or a period of fiscal constraint. It is supported by a central bank that has become increasingly effective at hiding the detrimental effects of this policy. “

“The pain that will accompany a shift toward responsible behavior, whether adopted voluntarily or involuntarily in the case of a day of reckoning, is only increasing.”

“A lack of awareness of the dangers faced in this game by both the public and by politicians leaves the audience of public opinion in a collective yawn in response to discussion of fiscal responsibility.”