“[Obamacare] was almost the perfect example of politics in the Bubble Era, where the time horizon for anyone with real power is always close to zero, long-term thinking is an alien concept, and even the most massive and ambitious undertakings are motivated entirely by short-term rewards. A radical reshaping of the entire economy, for two election cycles’ worth of campaign cash – that was what this bill meant. It sounds absurdly reductive to say so, but there’s no other explanation that makes any sense.”

“lenders to trade their long-term income streams for short-term cash. Say”

“The problem for free-market economists is that their policy recommendations at the dawn of a recession are not too sexy to the political mindset. They involve either doing nothing to hinder price adjustments, or actively removing extra-market barriers to price adjustments. This often involves short-term pain in exchange for long-term solutions, when politics rewards short-term solutions that result in long-term pain.”

“I mean, if the relationship can't survive the long term, why on earth would it be worth my time and energy for the short term?”

“So a)To what extent might human relationships be expressed in a mathematical or logical formula? And b) If so, what signs might be placed between the integers? Plus and minus, self- evidently; sometimes multiplication, and yes. division. But these signs are limited. Thus an entirely failed relationship might be expressed in terms of both loss/minus and division/ reduction, showing a total zero; whereas an entirely successful one can be represented by both addition and multiplication. But what of most relationships? Do they not require to be expressed in notations which are logically insoluble?”

“Everywhere you turn you see Americans sacrifice their long-term interests for a short-term reward.”