The Recession is a Painful Cure
Posted in The Meditations on Feb 5th, 2009 5 Comments »
The U.S Government is about to do some fiscally irresponsible stuff to end the recession. I think this is a really bad idea. The American economy does have serious problems, but the recession is the fix for those problems, not the cause.
The real problems:
We have been borrowing too much and saving too little
We have [...]