AEIdeas

The public policy blog of the American Enterprise Institute

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Discussion: (5 comments)

  1. mesa econoguy

    Jim, Jim, Jim, Jim, Jim….

    Washington is THE CAUSE of this crap economy.

    And when the data disagree with the narrative, they change the data.

    Let’s stay focused. The less economic intervention, the better the economy. Or, Reinhart/Rogoff are exactly correct that larger deficits (caused by more intervention/redistribution/social organizing, etc.) cause worse economic performance and growth.*

    This is the Europification of the US. You guys voted for this, so deal with it.

    *Reinhart & Rogoff were wrong about a different aspect which has been swept under the rug – financial sector-driven recessions are not historically deeper than “regular” recesions.

    http://johnbtaylorsblog.blogspot.com/2013/04/another-take-on-reinhart-rogoff.html

    1. juandos

      Washington is THE CAUSE of this crap economy“…

      Yeah mesa and I find it amazing how many don’t get it or don’t want to get it…

      From IBD: Employee Benefits Fall As Firms Brace For ObamaCare

  2. mesa econoguy

    Here is Niall Ferguson’s take on why we do in fact have great problems – mostly institutional degradation and government-driven:

    http://www.advisorone.com/2013/05/02/niall-ferguson-4-reasons-america-is-falling-apart?t=etfs&utm_source=dailywire50213&utm_medium=enewsletter&utm_campaign=dailywire

  3. jay hoenemeyer

    Ferguson ,as usual, is quite correct . It struck me that each of his four issues are the product of the liberal agenda and as a whole serve very well to advance the agenda of the liberal mandarin class . The rent seekers and fixers who thrive gaming the system they create , all the while sneering at The Little People who pay the freight for their excesses . I would add one more to Ferguson’s list and that is the demise of serious education . The issues are now well known from the WSJ Kagan piece and the Bowdoin College dustup . Suffice it to say that minds fed on liberal pablum will not help matters any nor provide any solutions .

    1. mesa econoguy

      Yep, it is the ultimate form of perpetuation – destroy the past by controlling future thought (or lack thereof).

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