Economic Recovery Without Economic Growth by Dr. Hurd
Somebody needs to tell the President that it's not economic "growth" if the money is taken from those who produced it and given to the more politically favored who did not produce it. For example, taking money from a hard working business person or a successful corporation and giving it to, say, ACORN, is not economic growth. The continuing high jobless rate demonstrates this all the more. There can only be economic growth when new wealth is created. Wealth is not being created in America. It's being taken from those who earned it and doled out to those who didn't. Capitalism creates wealth. Socialism moves it around. You'd think by now that America would have learned the difference. READ DRHURD.com
“Future generations will wonder in bemused amazement that the early 21st century’s developed world went into hysterical panic over a globally averaged temperature increase of a few tenths of a degree, and, on the basis of gross exaggerations of highly uncertain computer projections combined into implausible chains of inference, proceeded to contemplate a roll-back of the industrial age”. Professor Richard Lindzen
Tuesday, November 03, 2009
Taking From Some To Give To Others
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Dr. Hurd,
economic recovery
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