“…how they just assumed it would behave like previous recessions”
Ceteris paribus. That’s Latin for: “we are all morons.”
The economy just sort of magically produces wealth, and nothing can ever change that.
So why let all those “greedy” business owners “steal” all the “free” profit the economy magically generates to buy yachts to waterski behind? Of course nothing but good things can happen when the “generous” government confiscates that extra money and “invests” it in ways that their minds (pristinely unpolluted by knowledge of the evil business world) know – just know – will benefit society.
What could possibly go wrong?
logis on September 2, 2010 at 10:55 AM
from Hot Air.com
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