And I’ve watched congressional hearings. There’s no chance that four CEO’s are going to explain the accounting code to the fine folks in Congress; explaining how to boil water would challenge the format.
Megan McArdle, via Don Boudreaux, Cafe Hayek.
Explaining elementary principles of accounting to a congresscritter as dumb as Henry Waxman is simply impossible.
Tags: accounting, boudreaux, Cafe, cafe hayek, CEO, chance, Code, Congress, Congresscritter, congressional hearings, Don Boudreaux, elementary principles, fine, format, Hayek, Henry Waxman, how to boil water, mcardle, Megan McArdle, principles of accounting, water
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