Why has the worst recession since the 1930′s had such a mild effect on America?
One of the oddities of this recession is the widespread opposition to government actions mitigating its effects. Doing almost nothing (except tax cuts) has almost become the official policy of the Republican Party, and libertarian sites such as the Instapundit frequently run articles mocking the government’s stimulus programs. A related conundrum is the stability of …
Why has the worst recession since the 1930′s had such a mild effect on America? Read More »