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Source link: http://archive.mises.org/9074/now-its-jobs/

Now It’s Jobs

December 9, 2008 by

The downturn is following a path so predictable, day by day, that people who comprehend the business cycle don’t even need to read the news. You can intuit what will happen next because it’s happening like a textbook case — even as it is reported with a continued sense of surprise.

Most recently, for example, we have seen an uptick in the unemployment rate…

FULL ARTICLE

{ 3 comments }

Liberty4All December 9, 2008 at 4:55 pm

Thanks for the posting. Sadly, the peddlers of “golden hammer” solutions and political quick hits rule the headlines and take hold on the minds and souls of the uninformed. However, the battle of ideas must be waged during this time. Right now, I can only imagine the daily inculcation of statist and anti-free market drivel in the classroom — from kindergarten to graduate school. I’ve been there before: forced to drink from the trough of socialism. All my useful economic knowledge has been acquired well outside the campus. Thank God for mises.org !

TimeOfReckoning December 10, 2008 at 12:01 am

hmm,

this is an opportunity for you to spell out in greater detail what the next major moves are going to be for the US economy – at least the correct sequence if not the timing

credibility points are up for grabs!!

one, two, … go!!!

Walter Frantz without prejudice December 12, 2008 at 12:26 pm

Well, as usual, Dr Rockwell, in his laconic way, sums up the problem for the common man.

Unfortunately, the common man seems out of sorts with this logic.

What did Frank Lloyd Wright say??

I think nothing of the common man…as he thinks nothing of me…

Yes, Dr Rockwell, just a frustrating observation of yet another human enigma.

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