Wednesday, November 4, 2009

Bubblicious

Small Business Gets Breaks in House Financial-Overhaul Bill (WSJ,NOVEMBER 4, 2009)

http://online.wsj.com/article/SB125729617077326787.html?mod=djemITP#articleTabs%3Darticle

Congress should pay attention to the evidence that the venture capital IPO virtuous circle of job creation and economic growth in America is severely injured - and, injured by government.

It makes no sense to whine about lack of jobs when many of the major causes have come right out of Congressional legislation and the intents of this administration.

As shown elsewhere in today's paper, current expansionary policies are like pushing on a string and very bubblicious.

No comments:

Post a Comment