How Do We Start Growing Again?
December 1, 2008 by Douglas A. McIntyreBy John Tamny, RealClearMarkets
Amid the tumult in the U.S. banking and manufacturing sectors, there’s been lots of apocalyptic talk about how the failure of certain banks or companies could drive the economy into a permanent ditch. According to certain politicians, economists and pundits, if the government fails to use money taken from the private sector in order to shore up the health of that same private sector, the U.S. economy will simply stop growing.
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