It’s been a hectic few weeks so I’m just now getting back to my daily diet of reading. Be sure to read these from two of the most reasonable men in the MSM.
Last weekend in the WSJ James Grant asks “Is the Medicine Worse Than the Illness?” noting that “Trust itself entered a bear market in 2008…”
And today again in the WSJ, Peter Schiff asserts that “There’s No Pain-Free Cure for Recession“, spelling out in one sentence why our living standard is at risk of heading on a downward trend – “As more factors of production come under government control, the more inefficient our entire economy becomes. Inefficiency lowers productivity, stifles competitiveness and lowers living standards.”