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.
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.

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