Public Losing Confidence in Economy

economy Tagged with: confidence, Rasmussen

Mar 072010

The wisdom of the crowd once again seems to be ahead of the professional economists. Rasmussen reports:

Just 25% of U.S. voters now say the country is heading in the right direction, the lowest level of voter confidence since early January 2009.

... the State has ever shown any disposition to suppress crime, but only to safeguard its own monopoly of crime. Albert J. Nock
The nation could be ruined, its democracy destroyed, and millions of people scattered or killed. Or America could enter a new golden age, triumphantly applying shared values to improve the human condition. The rhythms of history do not reveal the outcome of the coming Crisis; all they suggest is the timing and dimension. Strauss and Howe, "The Fourth Turning"
... the task of the state consists solely and exclusively in guaranteeing the protection of life, health, liberty, and private property against violent
attacks. Ludwig von Mises
If economists could manage to get themselves thought of as humble, competent people on a level with dentists, that would be splendid. John Maynard Keynes
A little government and a little luck are necessary in life, but only a fool trusts either of them. P.J. O'Rourke
Lincoln's phrase, "of the people, by the people, for the people" was probably the most effective single stroke of propaganda ever made in behalf of republican State prestige. Albert J. Nock

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