This article from Slate does a very decent job at explaining how bad the economic situation is and will most likely remain so for the foreseeable future. Then near the end, the classic Keynesian slip, “That is not to say that there is nothing to be done, of course, or that the current state of affairs is inevitable. More stimulus or more aggressive monetary policy could help the economy, boosting employment and keeping the self-sustaining recovery going. But such measures are unlikely, given Congress’ concern with the debt ceiling and cutting spending [Emphasis mine].” Print more money? Great idea–bring on hyper-inflation!
Sean Dempsey
Sean Dempsey moved to New Hampshire as one of the first 100 ‘Free Staters.’ He unabashedly believes in the US Constitution and the message and principles enshrined by its founders. Sean believes the country in which we live needs to re-examine what Jefferson, Washington, Franklin, and Adams believed (and were willing to die for). The message of freedom is not a tag line or something to be embarrassed by, but is sacrosanct and more important than ever!
http://dempseyestates.com
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