Obama’s “New Deal”

Here’s a link to an interesting article by Jeff Bonn over at the Ludwig von Mises Institute regarding economic realities we are likely to be seeing soon…

“The business and economics establishment will soon call for a new New Deal, and all the socialist policies of FDR will be dusted off and respun to the unwitting public, and the years that follow will be ones of pain, high prices, and a real fall in the standard of living.

As long as our central government has the ability to dole out these favors, there will be special interests lining up to receive them.“

Never underestimate the ability of human nature to line up for a handout.

~ by eyemeansit on December 19, 2008.