Bill Clinton, president during one of the best economic stretches in US history (certainly modern) is referenced in the article- how he essentially "let the government shut down in response to the Republican stalemate."
ANALYSIS, COMMENTS, THOUGHTS, AND OTHER OBSERVATIONS IN PROF. SKOSPLES' ECONOMIC SYSTEMS COURSE AT OHIO WESLEYAN UNIVERSITY
Tuesday, September 14, 2010
Would a political stalemate lead to a rebuilt economy?
This article presents a theory of purely open and free markets. It says nothing about Democrats or Republicans having a better strategy to rebuild the economy or stock market, but rather implies that with a split Congress, little to no regulations will get passed, therefore freeing businesses from "regulatory uncertainty". This theory is one of pure laissez-faire economics, in practice though not by definition; stumbled upon by political coincidence.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment