The current Japanese government has downgraded its view of the economy for a fourth month, as it cut its assessment of consumption, investment, corporate profits and the job market.

FORBES: Is The Euro Tired Of Its Lofty Heights?

Why should this consensus point of view get any air time, blog space and newsprint consumption?

FORBES: You Won't Make Money Believing Nattering Nabobs Of Negativity

To quickly explain why this view is certainly not ours, consider that our position is that the abnormally high consumption of US households during the 2000s was matched by an abnormally large trade deficit in goods and that feedbacks among, borrowing, consumption, the dollar, US long term rates, foreign reserve accumulation and other factors worked to keep these two effects moving in tandem.

FORBES: Rajan is Back And Little Better

While Article I of the Constitution limits Congress to regulating interstate commerce, the court has taken a broad view of those powers, up to and including prohibiting a farmer from growing wheat for his own consumption because it might interfere with a national price-support program.

FORBES: Supreme Court Takes On Obamacare Challenge

From climate to infrastructure to public safety to consumption habits to education, we gain clarity when we can view our challenges through a lens of moral philosophy.

FORBES: @Davos: ��How can we make capitalism more moral?��