And it doesn’t look so good. At least we’ll be able to show once more whether government intervention prolongs the situation, as so many economists suspect occurred during the great depression. Not that that will change anything – we’ve known for ages that protectionism and high corporate taxes hurt the economy, and Democrats are still gung ho about both.
Don’t you wish that policy wasn’t implemented so strongly at a Federal level, so different states could actually experiment with different effects from different policies, and at least some states could climb out of our economic woes? That’s the system our founding fathers intended, and we’ve pretty much gone directly against their wishes.
Advertisement
