The Commerce Department tells us this morning that the GDP grew during 2008, though at the slowest pace since 2001. It shrank faster during the fourth quarter than at any time since 1982.
Funny, nobody in Congress is raising the spectre of 1982 to describe our economic woes. It’s always 1929. They must have long memories.
Or maybe they find some value in blowing up the scale of the crisis? Maybe they’ve found some uses for panic.
YOU MIGHT ALSO LIKE
Deliver Us from Evil
In a recent New York Times article entitled “Freedom With a Side of Guilt: How Food Delivery…
Natural Law Needs Revelation
Natural law theory teaches that God embedded a teleological moral order in the world, such that things…
Letters
Glenn C. Loury makes several points with which I can’t possibly disagree (“Tucker and the Right,” January…
