There is no free in liberty.


Friday, September 16, 2011

Peter Schiff on the Current and Long Term American Economic Spin Down...


Polifrog <---> Peter Shiff -- I'm not sure there is a difference.

Peter Schiff:
We are in a depression in the United States but the depression was interrupted by some economic stimulus that actually made the problems worse. Now as the stimulus is wearing off the depression is resuming with a vengeance because government is interfering with the correction.
The source of our misery is government and the solution is free markets, capitalism. That when we did have that a long time ago our economy thrived and we created a lot of wealth which we have since dissipated with redistributionist socialist programs that have been layered onto the economy.
We need to go back to what made us great; not what is bankrupting us.


No comments:

Post a Comment