Economics, Finance and Politics Through The Prism of Classical Liberalism
Here is the real effect on the labor market as a result of the economic crisis. Much of this is due to Obama and the uncertainty his economic policies have created. When businessmen are unable to calculate the cost of an employee (Obamacare) and are afraid of future tax increases and see no recovery, they [...]
While the U.S. economic system is highly resilient, and we will likely have some form of economic recovery, almost every significant government policy action taken in response to the Great Recession will reduce the quality of life in the long term. Understanding that failed government policies, not market failure, caused our economic challenges is critical [...]
Bernie Marcus, co-founder of Home Depot, sheds light on what he went through and what is going on in the economy now. He provides the classic example why microeconomics overrules macroeconomics and why there can be no recovery under the economic policies imposed by a our know-it-all President. As I have said many times before, [...]
The recent news puts the Aministration’s “Summer of Recovery” in a perspective that they would prefer you not see before the elections. The reality is that there is no recovery and there will be no recovery with the economic policies of the Obama Administration. History books will reference President Obama in the same terms as [...]
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