A whole nation of collegiates. But those who are schooled in Economics were almost all schooled in FLAWED THEORY: Keynesianism, which teaches that government intervention in the economy is beneficial. That's wrong.
Every single thing the government does to "help" is actually doing harm. Since government does not produce anything, whatever action it takes comes at the expense of someone else who earned money, who deserves money, and who is obviously more productive (in that he had money the government was able to appropriate) than the recipient of the government action.
Stealing money from a healthy sector and "injecting" it into a diseased sector does not help an economy.
EVER.
Government does not and cannot help except by keeping its mitts off the economy.
Gold is $1,581/oz today. When it hits $2,000, it will be up 26.5%. Let's see how long that takes. - De 3/11/2013 - ANSWER: 7 Years, 5 Months
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