What’s Different About Today’s Government Deficit and Debt?
As of today, the U.S. government’s current deficit and debt are indeed currently at unprecedented levels for peacetime—once we account for them appropriately.
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Here is something from Bill Quigley at HuffPo. I like his take on U.S. involvement in Haiti (for a more economics-focused, and satirical, version of some of these same points in connection with the last crisis in Haiti--the 2008 food shortages--see Maurice Dufour's How to Make Mud Cookies from D&S, July/August 2008). But the anarchist in me wants to resist his claim that although the people of Haiti are pulling together to address the crisis, "They are courageous and generous and innovative, but volunteers cannot replace government."
For less statist solutions to crises like this, consider donating to the Cooperative Development Fund. Here's info from Melissa Hoover, director of the U.S. Federation of Worker Cooperatives (of which D&S is a member):
Cooperative Development Fund
Now here's that Bill Quigley article:
What the Mainstream Media Will Not Tell You About Haiti: Part of the Suffering of Haiti is "Made in the USA"
Read the original article.