36. The difference between a wise man and a prideful fool is that both have a strong desire to be right, but one of them must never, ever be wrong.I want to be right. I want my map of reality to match the truth as closely as it can. So when I find out I'm wrong about something, I change my map to accomodate the inconsistency.
Moody's would be the highest, most sensible, obvious authority on economies, debt, and credit ratings (ahem, which is kind of their gig) if they downgraded or threatened to downgrade our credit rating during a Republican administration.
But the Keynesians are in charge right now, and if their results don't match reality, it must be that reality is wrong.