Thursday, April 28, 2011

The Fed's Job-Creation Efforts Are Being Thwarted - Barrons.com

The Fed's Job-Creation Efforts Are Being Thwarted - Barrons.com

Art Laffer also makes clear that the Federal Government (and its raising of taxes and coddling of unions) in the 1930's was also a major (if not 'the major') cause of the ongoing depression.

I guess if you think there is no consequence of union work rules (which raise the cost of doing business), you can favor Obama and liberal policies.

But one really has to quote Mark Twain if you believe such falsehoods - ""It ain't what you don't know that gets you into trouble. It's what you know for sure that just ain't so."

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