Obama Adminstration's projections of Unemployment, with and without his stimulus plan, vs. actuals (triangles).
Paging Winston Smith, paging Winston Smith.
Posted on 05/12/2009 12:47:05 PM PDT by bs9021
New Deal Fails Again
by: Emily Kanyi, May 12, 2009
In his essay, Money and Our Future, Llewellyn H. Rockwell, Jr. begins with an ironic twist. He says, “We are fortunate to be living in these times….” To make sure that his sardonic meaning is not lost to the reader, he goes further to paint these “fortunate times” by asking, “What is fortunate about our times? The economy is tanking, stocks have been pummeled, unemployment is rising, and Washington is pursuing the worst combination of economic policies since Hoover and FDR….”
Irony aside, Rockwell Jr. points out that despite the economic crunch, we are indeed fortunate because we have the power of information and a clear understanding of the bigger picture. We know why businesses are closing up. We know why people are losing their jobs. We are not completely ignorant. He continues to say that this enlightment places us in a better position to make the right decisions and chart a way out of the current economic mess.
Basing his argument on historical evidence, Rockwell Jr. draws comparisons by looking at past recessions and what was done to fix the situation then, what worked and what we can duplicate to salvage our present situation. He puts a strong defense for a hands-free government in the money market and further prods the relationship between free market, government control and recession.
He strongly holds the view that the past should be the blueprint from which we draw lessons and forge a way forward. He also points out that we should avoid looking at the situation in bits and pieces, but should strive to see the bigger picture....
(Excerpt) Read more at campusreportonline.net ...
Obama Adminstration's projections of Unemployment, with and without his stimulus plan, vs. actuals (triangles).
Paging Winston Smith, paging Winston Smith.
Obama Adminstration's projections of Unemployment, with and without his stimulus plan, vs. actuals (triangles).
Paging Winston Smith, paging Winston Smith.
It never happened.
And when people become THIS freaking STUPID and inattentive to their freedoms, THIS is the PRESIDENT they deserve.
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