A Note On The Economic Situation

I'm refraining from commenting on what's obviously the most important story of the last week, and possibly the most important story of the next decade or more, because I have no expertise on a subject that requires real expertise to discuss intelligently, and thus nothing useful to add to the reams of commentary being produced by people who understand the situation - to the extent that anyone does - far, far better than I do. Like James Poulos, I stand ready to offer vaporous commentary on American culture and society that may or may not relate to the current crisis - but only after the crisis itself is at least some distance in the rearview mirror.