It is hard for a president to turn a recession into a long-term downturn in the United States, given the inherent resiliency of private enterprise and America’s open and free markets. But if you were to try, you might do something like the following.He goes on to illustrate everything the current government has been doing. You can read the entire article at his web site.
I live in a land called Mid-America. Here, we want less government involvement in our lives. And we're mostly non-elite, working middle-class. "I predict future happiness for Americans if they can prevent the government from wasting the labors of the people under the pretense of taking care of them." Thomas Jefferson
Tuesday, October 19, 2010
How to turn a recession into a depression
If you only read one column this week, this is the one, written by Victor Davis Hanson, PhD, a professor at California State University, and senior fellow at the Hoover Institution, Standford.
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