I don’t know why so many people are complaining about President Obama’s management of the economy. According to our best available indicators, America’s black market is booming. What more do you want, bank accounts, credit, 30-year mortgages? I mean, really people! Aren’t those pretty much the things that got us into this mess in the first place? What a bunch of ingrates!
That was my attempt to mix talk radio with chic ironic bitterness. How’d it go down for you? More seriously, I did a piece for Politix last week arguing that the informal economy (what I would call the black market, but there are other terms for it) is growing by leaps and bounds. Do please give it a read, even if you didn’t like my experiment above.