Monday, May 28, 2012

This tells it all: Weakest recovery since the Great Depression

We are so used to getting bad news on the economy, it is sometimes difficult to step back and take it all in.

Yet, the reality of the situation is that we are in the weakest recovery in the U.S. since the Great Depression.  Translated, this means that the policies of a centrally run economy of stimulus, bailouts, debt, and spending does not work in the macro sense in lifting us out of our economic morass.

What will work, which Washington refuses to try, is unleashing small businesses to grow unfettered by excessive taxes, regulation and government-subsidized competition.

Read more here.

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