1.24.2009

Austrian economics

On the disastrous California economy:
Gov. Arnold Schwarzenegger cited the growing unemployment rate as evidence that the state needs “aggressive economic stimulus” – including revenue increases, job creation programs and government streamlining.

There's no stimulus like a tax increase!

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Inflation is always and everywhere a progressive phenomenon

Excerpt from a text conversation with a young "democratic socialist": DS: Every time the US has become progressive, the right wi...