See? Government is not omniscient after all. That’s why the free market always – always – works better.
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Has no one learned from the real estate collapse? Do they have to repeat the mistake? It appears so.
The Obama media will be happy to distract attention away from scandals and towards Obama’s economic victories, scant though they may be.
The underlying data from numerous sources shows an economy, at the micro level, hardly deserving of such a positive report from the Conference Board.
Is this the big one? Is this the end of the long bubble the Fed has been blowing since 2008? Could be.
By failing to include in its analysis anything to do with the massive unfunded liabilities the government faces, S&P’s announcement becomes totally useless and counterproductive. By failing to inform, it becomes a party to the crime.
Ferrara should have used the recovery from the Depression of 1920-21 as his model, when the relatively free market rebounded mightily, recovering fully within 18 months.
SNAP has grown so fast and now costs so much that mere nibbling around the edges as proposed by Thune and Stutzman will have no effect.
Bonner and I are seeing the same things. That’s comforting in one sense and unnerving in another. There are times when I wish I were wrong.
These are the brightest people on the planet, aren’t they? Aren’t they?