Sunday, June 1, 2008

The Government's Scapegoats

With food and energy prices soaring, housing prices collapsing, and the economy sinking into what could be a deep recession, the government has been searching around for villains. The latest scapegoats are speculators, OPEC, and of course, the big bad oil companies. As usual, our government ignores its own role in our current economic mess. To add insult to injury, most of the politicians’ proposed “solutions” would only make things worse.

Our representatives in Congress apparently don't understand basic economics, else they are more interested in their political fortunes than they are in finding solutions.

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