Private pay shrinks to historic lows..

[UnderseaLcpl]

Originally Posted by Weiss Pinguin

I was under the impression that was one of the laws of nature?

Indeed it is, but few seem to realize it. It's as if a million people climbed a million trees, fell flat on their faces, and then blamed the gravity for their misfortune.

I have spent years studying economic theory in the most objective fashion I could possibly manage and I still cannot fathom the reasoning behind the current economic agenda. Even John Maynard Keynes, whose theories this "policy" is based upon, would turn over in his grave if he saw what we are doing now. I hate the hell out of him for the broke-ass government-centric economic philosophy he dumped on the world, but even he knew the dangers of fracking about with the market to this degree.

I am convinced that Washington doesn't even have something resembling a "plan" for the U.S. economy. What Washington has is a machine designed to attract votes. It has nothing to do with prudent economic policy. As obvious and simplistic as that sounds, there are apparently millions of voters who don't see it.