Quote of the day - Mark Steyn
If the United States government got out of the way, things might get worse before they get better. With the government in the way, we have only the certainty of worse. Washington is engaged in the doomed project of attempting to re-inflate a credit bubble. Can't be done. But, in attempting it, they're massively expanding government spending and further distorting the rules of the market in the same ways that worked out so well for American home owners.
Mark Steyn [emphasis added] March 2, 2009
Labels: business cycle theory, inflation, Quote, Steyn
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