Posted on 06/10/2002 10:12:43 PM PDT by JohnHuang2
Edited on 07/12/2004 3:54:38 PM PDT by Jim Robinson. [history]
Why is the stock market still depressed? In one word, Washington. The Washington political class has engaged in a steady stream of actions and proposals over the last few months that would depress any economy and investor.
To explain this, I shall begin with a digression. Last month, the president decided to honor the great Nobel Prize-winning economist, Milton Friedman. Many of us who had worked or studied with Professor Friedman were privileged to be invited to the event at the White House.
(Excerpt) Read more at washtimes.com ...
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