I leave America for two weeks, and look what happens to the economy! In the first quarter of this year, it shrank by a full percentage point. As always, government economists have lots of excuses, none having to do with high taxes, Obamacare, the EPA’s war on energy, or other anti-business regulations and policies. Maybe it was the weather: winter’s never been cold before. But just as every summer since 2010 was going to be “recovery summer,” they keep assuring us that even though economic growth is now actually going backwards, we’re really right on the verge of a boom. They’re like Linus in “Peanuts,” sitting out in the pumpkin patch year after year, certain that if they just keep sincerely believing in Progressive, big-government economics, recovery - or the Great Pumpkin - will surely follow. I’d like to suggest a nickname for this school of economists: “Pumpkinheads.” -Mike Huckabee
Posted on: Thu, 05 Jun 2014 19:30:00 +0000
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