What the Ryan Pick Means

Treasury yields continue to be negative (we can borrow money and get paid for it) as they have for something like a year now, and unemployment continues to be exceptionally high, as it has been for several years. Our infrastructure is crumbling, in Philadelphia we’ve had a water main break every week for the past few weeks. I think we’re up to four.

So naturally, all we’ll be talking about in the next couple months is budget cuts. We’re doing the austerity, so everything is awesome! Confidence!

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