U.S. Economy - The Government Has Made Things Worse
Posted on July 12th, 2009 by Student Loan News
Casey B. Mulligan submits: Larry Summers seems to be saying : Obama is a central planner: his team is trying to guide the U.S. economy to grow the "right" industries, and shrink the "wrong" ones. The economy is going to get worse. How does he know? Maybe he knows of plans to unveil yet more policies that further destroy work incentives, in addition to those unveiled already: like means-tested mortgage modification, mean-tested student loan modification, unemployment insurance extension
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