Up & Down Wall Street - Barrons.com
"... If real growth is absent, employment and real income growth will not return. Real growth cannot develop with the national debt overhang. " BM
And, not just the debt overhang.
It's easy to see there has to be someone to blame - someone else of course - when things turn nasty.
But when one sees the Greeks striking against cutting wages and dismissing employees who have no meaningful job; yet, there may not be money to pay the wages in a matter of weeks, one does have to wonder if people who rely on others to keep coming up with the wherewithal haven't a problem that is un-addressed?
What is said is that Democrats are coming up with plans these very Greek strikers would believe in; and, with the same mindset.
As you say - there's no idea of real growth policies. Every day there is something else anti-growth the Administration embarks upon.
Sadly, there's no reporter or Republican candidate with a daily diatribe against the daily gaff of the Democrats and the President. Ah well!
Saturday, October 8, 2011
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