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Milton J. Madison - An American Refugee Now Living in China, Where Liberty is Ascending

Federalism, Free Markets and the Liberty To Let One's Mind Wander. I Am Very Worried About the Fate of Liberty in the USA, Where Government is Taking people's Lives ____________________________________________________________________________________________ "Extremism in defense of liberty is no vice. Tolerance in the face of tyranny is no virtue." -Barry Goldwater-

Sunday, July 22, 2012

The poor Obamessiah...

Fun fact of the day.....
From 1929 to 1932, the total amount of money paid out in wages fell by 60%, according to historian Frederick Lewis Allen. By contrast, from 2007-2009, total American wages fell less than 5%. What we experienced in recent years was nothing close to the Great Depression.
So, how bad has it really been? And government has been proven to be impotent to do anything about it. Furthermore, I am of the opinion that government ineptitude is to blame for much of the recent recession(s) and totally responsible for the inability to get back on the right track.


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