AEIdeas

The public policy blog of the American Enterprise Institute

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Discussion: (3 comments)

  1. When govt. expands and begins to get into every part of life, including picking winners and losers in the market place right down to telling the public what they should eat and drink, business enterprise declines, thus employment declines, thus recession or depression is the result.

  2. Not one of the 70 economists Bloomberg surveyed got the ISM call right … Why is this not surprising? These same people are always claiming bad economic data is “unexpected”. They’re either in denial, following the herd or just plain incompetent! Perhaps Bloomberg should find more intelligent life forms to survey.

  3. David Shemwell

    It’s all about debt and taxes, with a heavy dash of regulation. The crew of the starship enterprise summed it up in this clip
    http://www.youtube.com/watch?v=3EqkxfSIpr4&feature=plcp

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