Tag: Recession
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Recessions are created by greedy politicians, not businessmen
Sen. John McCain this morning said “greedy” Wall Street investors are partly to blame for what he said is probably an economic recession the nation is now suffering. “There has to be a modification of the greedy behavior of some of these people,” he said, using the word “greedy” repeatedly in remarks to the Associated…
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Brief Essay on the Post Sept 11 Recession
Tuesday, March 26, 2002 Brief Essay on the Post Sept 11 Recession: (this was written for my IHS application) If government wishes to see a depression ended as quickly as possible, and the economy returned to normal prosperity, what course should it adopt? The first and clearest injunction is: don’t interfere with the market’s adjustment…