elko-mike Wrote:
Jan 30, 2013 1:08 PM
Government IS the economic problem. Liberals grant that weak consumer demand is causing the sluggish growth. Great. What does that tell us? According to the Law of Supply and Demand, the prices of goods and services are too high. OK, but ... ? The total government burden (spending, regulations, & mandates) of all levels of government on the economy is roughly 50% of economic output. Thus, 1/2 of the price of EVERY good we buy or service we use is consumed by the government. In effect government is doubling the price of goods and services. If the price of everything is doubled by government intrusions then we can expect a sluggish economy. It must be that way.