Wednesday, October 7, 2015

Defeatists Policies #NothingCanBeDone

A personal comment ... Over the last several years, I noted on several occasions that Congress has been a disaster.  They've opposed economic policies normally supported by both parties - and by Milton Friedman and Ronald Reagan - and this has hurt the economy.  Former Fed Chairman Ben Bernanke noted in his book: " I also felt frustrated that fiscal policy makers, far from helping the economy, appeared to be actively working to hinder it ." emphasis added I agree with Bernanke. This seems to part of a defeatists theme of the current Congress - an overwhelming pessimism about ......(read more)
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