Friday, December 7, 2012

Recessions are Short if Government Isn't Too Handy

Throughout U.S, history we have had economic cycles, booms and busts. To even them out the Federal Reserve System was legislated about a hundred years ago.

But human-handed regulation has never really succeeded at that function.

Experience has taught us that natural cycles very quickly correct themselves. And that the deeper the downturn, the sharper the economy will bounce back.

Except when government meddled in the 1930’s as it has in recent years. Along with multi-trillion dollar budget deficits that are confusing and scaring large and smaller, job-creating business owners.

By now the economy should be thriving again, and isn’t.(See the Earl J. Weinreb NewsHole® comments and @BusinessNewshole tweets.)

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