Invisible Hand vs. Clenched Fist
The word on President Obama’s recent jobs speech is: nothing new. The utter failure of Keynesian stimulus is setting up 2012 as a watershed election. Do the voters want a politics that lets business get on with business and start creating jobs? Or do they want, in presidential advisor Alan Krueger’s words, more of the “kind of temporary, targeted and responsible policy that has been the hallmark of this administration”? The choice is as clear as it has ever been,. Read More
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