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  • V-Shaped Recovery? Try M-Shaped Meltdown [View article]
    The author: "Unfortunately, in 1982, the government was seeking to lessen inflation by bringing down spending and debt, and in 2009 the government is doing the exact opposite."

    I remember those days.

    President Reagan was trying to lessen inflation by bringing down spending and debt, but he had a Democratic House that was trying to (do what they are trying to do now).

    More to the point: What is being done on the supply side? Why should employers hire more people? What's in it for them?

    The Keynesians have had their day and their spree. If you want more employees, you have to improve conditions for the employers.
    Aug 17 09:21 am |Rating: +10 -2 |Link to Comment
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