There are two ways to interpret President Obama’s proposed budget measures, if you are someone who believes in the basic laws of economics. One way is to assume that he simply refuses to believe that government fiscal policies can have negative effects in society. Another way is to assume that he knows the pernicious effects [...]
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It’s now official. After decades of trying to deny the fact that fiscally healthy and profitable corporations create jobs and sustainable economic growth, the Democrats have finally embraced the so-called “trickle-down” effect. The only problem is that they recognize it only when they themselves are directly controlling the spending, and the fates of the companies [...]
Filed under: Uncategorized | Tagged: bailouts, congress, Democrats, economic stimulus, economics, free market, mortgage crisis, Obama, politics, taxes, trickle-down | Leave a Comment »
