Monday, June 24, 2013

Economy

Mises scholar analyzes the Bush-Obama Great Stagnation from 2000-2012. Maybe it should be called the Clinton-Bush-Obama Great Stagnation.
"If the government and the Fed persist in the kind of destructive policies they have undertaken since 2007, the potential for another great depression will remain. Even without such a catastrophe, the U.S. economy presents at best the prospect of weak performance for many years to come."
It's going to get much worse before it gets better.

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