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Nobel Laureate warns U.S. economy going down
World Net Daily ^
| John Bennett
Posted on 04/03/2013 3:53:29 PM PDT by InspCallahan
Edward C. Prescott, the 2004 Nobel Laureate in economics, says the U.S. economy is slowly becoming more depressed and that the spending being pursued by politicians in Washington will create more poverty.
(Excerpt) Read more at wnd.com ...
TOPICS: Business/Economy; Government; News/Current Events
KEYWORDS: depression; economy; spending; welfare
Great take-down of the Obama zombie economy. Send this one to all your friends!!
Another Nobel Laureate (Obama) says something else. /s/
create more poverty."
Surely, we can spend our way out of poverty, can't we?
posted on 04/03/2013 3:57:20 PM PDT
(When people fear government there is tyranny; when government fears people there is liberty)
Surely, we can spend our way out of poverty, can’t we?
As long as we tax, tax, tax along with the spending./s
posted on 04/03/2013 4:09:34 PM PDT
(The Answer To 1984 Is 1776)
The Founders would have, by this time, gathered powder, patch and ball and dealt with the a$$wipes who hold office in this country. I’m 63 with a game knee but I’d happily join 10,000 men in such an effort. I havevthe necessary.
posted on 04/03/2013 4:16:54 PM PDT
(Don't fire until you see the blue of their helmets)
John McClane: Welcome to the party pal!
posted on 04/03/2013 4:18:16 PM PDT
by VRW Conspirator
(Cyprus - the beginning)
I'm just wondering how, when, and by what means...
Will we go with a big collapse? and the chaos that follows?
Or slowly swirl down the bowl until we are completely indistinct from Mexico in another 10-15 years...gradually going '3rd-world'?
posted on 04/03/2013 4:20:42 PM PDT
(A police state is always preceded by a nanny state...)
"U.S. economy going down"
Sequester's fault. I mean, Bush's fault! Wait -- make that Bush's sequester's fault.
posted on 04/03/2013 4:45:52 PM PDT
by DJ Frisat
((optional, printed after my name on post))
As long as the peasants are diverted by sports, sports, and MORE SPORTS, nothing will happen.
It’s like entertaining an infant with a mobile: colors, movement, and noise...and in the case of football and basketball...sluts...
posted on 04/03/2013 6:14:30 PM PDT
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