Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: ricks_place

A pretty good article, the author is certainly correct that protection, tax increases, increased regulation and uncertainty are bad for economic growth, but I have a few complaints about the article:

1. We are in an expansion and have been since 2001. In the 7th year an expansion is not generally called a recovery. Recovery from what?

2. The 1937 contraction was due to a great extent a monetary policy or if you like a tax increase on financial intermediation due to the Fed’s silly increase in reserve requirements.

Still it is quite interesting to have the Washington Post publishing this opinion pointing the flaws in current Dim policy prescriptions during a time the growing economy looks fragile.


3 posted on 08/18/2008 12:19:07 AM PDT by JLS
[ Post Reply | Private Reply | To 1 | View Replies ]


To: JLS
1. We are in an expansion and have been since 2001. In the 7th year an expansion is not generally called a recovery. Recovery from what?

We're recovering from the worst economy since the Great Depression. No, that was 2004 when the Democrats and the Liberal Media were lying to us trying to get Kerry elected.

Now we're recovering from the recession that hasn't really started yet but the media and the Democrats are lying to us trying to get Obama elected. Maybe we just need to recover from the media and the Democrats lying to us about the economy and how they want to Change it.

Inflation is a good thing when it comes to tires but drilling is a much better idea when it comes to lowering gas prices.

8 posted on 08/18/2008 1:03:56 AM PDT by eggman (Read it on Free Republic tonight, see it on the network news when the DNC sends them the copy.)
[ Post Reply | Private Reply | To 3 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson