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    This site is about libertarian ideas, politics, economics, government, freedom, property rights, entrepreneurship, innovation, objectivty and other such stuff important to humans. I uphold libertarian principles and believe wholeheartedly in minimal government, or no government if it would work -- this blog explains why.

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    « Unemployment continued | Main | Meta-values »
    Sunday
    Oct182009

    This Week on ABC

    The panel participants on This Week with George Steph...well, however you spell it, all stated they are stumped over why the economy is showing signs of growth while unemployment remains high and will likely go higher -- and the stock market went over 10,000!

    Well, I don't claim to be smarter than Klugman, Noonan, Tapper, Dionne and the two Georges, but I will venture a guess -- government intervention is causing confusion and until investors and employers know that the interventions are over, they will not feel comfortable enough to invest and hire.

    Government intervention is preventing a full recovery and contributing to a lack of expansion and high unemployment. How can any company plan long term and how can investors take risks when the government is constantly making changes which can affect the economy, and, thus, affect the company's plans and the investors' investments?

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