Obama ensures a long depression

Ludwig von Mises Institute
by Benjamin Weingarten

12/11/09

Political success, as reflected in the recent gubernatorial races appears ever-more staked on the state of the economy. Official unemployment recently measured 10 percent, though the more-honest gauge (U-6) shows the nation running unemployment at a Depression-like 17.2 percent. In response to high unemployment numbers, Barack Obama has said, ‘I will not rest until all Americans who want to work can.’ Yet Mr. Obama’s policies belie his words...

http://mises.org/daily/3907


Informant: Thomas L. Knapp



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