The line between political truth and literary fiction is getting very blurry. One of the main features of Ayn Rand’s Atlas Shrugged was the choice of productive people to withdraw their talents from the economy to deprive the statists of a source of loot. Who would have guessed, more than 50 years later, that the [...]
Archive for June 3rd, 2011
Ayn Rand Is Spinning in Her Grave: Top Administration Lawyer Says It’s Okay to Go Galt!
Posted in Atlas Shrugged, Ayn Rand, Health Care, Health Reform, tagged Atlas Shrugged, Ayn Rand, John Galt, Obamacare on June 3, 2011 | 11 Comments »
Unemployment at 9.1 Percent: Heckuva Job on that Stimulus, Mr. President!
Posted in Economics, Government Spending, Jobs, Keynes, Keynesian, Obama, stimulus, Unemployment, tagged Jobs, Keynesian Economics, Obama, stimulus, Unemployment on June 3, 2011 | 17 Comments »
Based on this morning’s numbers, I’ve updated my chart showing what the Obama Administration said would happen with the so-called stimulus compared to what actually has happened. As you can see, the unemployment rate is about 2.5 percentage points higher than the White House claimed it would be at this point. Since I just did [...]
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