Why is the Economy so Bad?

The reason this economic recovery is so horrid is because our current crop of politicians do not trust the market and believe an omnipotent government can spend the economy into prosperity. They’re wrong, of course. And the pain for their error will soon be upon us. When interests rates raise to historical norms, the interest expense on the $16+ trillion dollar debt will crowd out all good intentions and cause misery for hundreds of millions of Americans.

via Why is the Economy so Bad? | What Would The Founders Think?.


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