
“Let’s look at the Minneapolis Fed’s data for every business cycle since the end of World War II. As you can see, we’re currently mired in the most anemic recovery on record. The employment data is even worse than the GDP data. The comparison of Reaganomics with BushObamanomics is startling. There was a jobs boom in the 1980s, while today we haven’t even recovered all the jobs lost during the downturn. And if we look at the current ‘recovery’ compared to all other business cycles, it becomes even more apparent that big government is generating very bad results for the American people.”
Related posts:
In Gold We Trust 2014
Jeffrey Tucker: How Medical Innovation Redefines Our World
James Grant and James Turk discuss gold, the Fed and the fiscal situation of the USA
Let’s Make America Free Again: We’re Walking a Dangerous Road
Terry Coxon on US Dysfunction and the International Trust Solution
Mises' Answer to Would-Be Conspirators: You Will Lose
Learn Bobby Tay’s $2.7 Trillion Sigma Secret
Herbert Spencer: Patriotism (from Facts and Comments, 1902)
Love It or Hate It, You’re Missing What Really Matters About Bitcoin
Jeffrey Tucker: We’re All Edward Snowden Now
The American Hiring Paradigm Is Broken
The Management-free Organization
We’re All Criminals and Outlaws in the Eyes of the American Police State
Will Grigg: "Damned from Memory": When the Drug War Turns on its Own
The System Of The World - An Infographic