"1. The Budget. Wanting to cut $17 billion from the budget, as President Obama has promised, is proof of financial responsibility. Borrowing $1.84 trillion this year for new programs is "stimulus." The old phrase "out-of-control spending" is inoperative.
2. Unemployment. The number of jobs theoretically saved, or created, by new government policies - not the actual percentage of Americans out of work, or the total number of jobs lost - is now the far better indicator of unemployment.
3. The Private Sector. Nationalizing much of the auto and financial industries, while regulating executive compensation, is an indication of our new government's repeatedly stated reluctance to interfere in the private sector." [link]
0 comments:
Post a Comment