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Peter Schiff - Be Careful What You Wish For



April 09, 2009 – Comments (1)

Apart from the obvious financial distress that the current economic crisis has inflicted on most Americans, perhaps one of the more irksome byproducts of the meltdown has been the inescapability of clueless economic blather. It’s bad enough when so-called economists serve up the same Keynesian nonsense that has led us down the current cul-de-sac in the first place. At least those people have some incidental knowledge, however deeply flawed, of basic economic concepts. It’s far worse when political pundits, whose understanding of economics typically comes from Treasury Department talking points, hold forth as if they really know what is going on.

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1 Comments – Post Your Own

#1) On April 09, 2009 at 2:26 PM, edgebander (94.96) wrote:

Great post.  Bang on.  People need to snap out of it.  Listening to morons like that will only further our problems.

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