Thursday, June 16, 2011

The Problem with Current Recovery

This is a very interesting and easily understandable article that shows how the recent "recovery", while moving forward, is not up to par with what we expect and, frankly, what history has shown SHOULD happen. The writer blames alot of it on too much government involvement. In short, our government seems to be moving to a more european state which, simply put, means less money for the average citizen and more possibility for longer, double-dipping recessions. Anyways, there's a ton of detail and arguments that can stem from this article, but this seems like a pretty simple display of the facts. And before you blast it as Republican propaganda, read the last paragraph. He doesn't blame Obama for being in a recession, he blames his politics and ideas for not only not helping, but even hurting the U.S. economy, when similar ideas being used across the waters have proven to be less beneficial economically.

Anyways, here ya go.
http://www.cato-at-liberty.org/nobel-prize-winner-analyzes-the-obama-growth-gap/

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