Monday, October 18, 2010

Reaping What You Sow!

By Dave Cribbin


The economic policies that the Obama Administration has implemented through legislation, and countenanced by appointing Timothy "Weak Dollar" Geithner to the position of Treasury Secretary, and re-appointing as Chairman of the Federal Reserve Ben "I'm printing Money ‘til it hurts" Bernanke are having the opposite effect of what this administration and all of their reputable economists had assured would now be happening — and it's not good.

What is true in farming is also true in economics: You reap what you sow! When you plant lima beans all the backyard town-halls and campus rallies in the world will not produce a crop of beautiful beefsteak tomatoes. You can blame it on the weather and the soil, you can even blame the Republicans, but come harvest time you are going to be stuck eating lima beans and your words.

The stagnant economy that we endure today is what you reap when you have sown an economic policy mix that gets it totally wrong.
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