Politicians made mistakes, and the people suffer...
On Jan 09 09:35 AM ChipSeal wrote:
> Any recovery is doomed to a long agonizing protracted incremental > rise because of the crushing debt burden now being deployed. The > best case scenario, due to federal policy, is awful. Perhaps GD-II > will be so bad we can put away forever these pernicious Keynesian > ideas. > > The problem is that politicians don't make economic decisions, they > make political decisions with economic consequences. It will end > well only if we are really, really lucky.
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Politicians made mistakes, and the people suffer...
Jan 09 10:40 am
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All Comments by Teutonic Knight »A Most Dangerous Inflection Point [View article]
On Jan 09 09:35 AM ChipSeal wrote:
> Any recovery is doomed to a long agonizing protracted incremental
> rise because of the crushing debt burden now being deployed. The
> best case scenario, due to federal policy, is awful. Perhaps GD-II
> will be so bad we can put away forever these pernicious Keynesian
> ideas.
>
> The problem is that politicians don't make economic decisions, they
> make political decisions with economic consequences. It will end
> well only if we are really, really lucky.