I love this Twilight Zone we're in!!!
.Isn't it great to live in an age when the laws of nature and human nature and economics can be suspended?
The laws of nature, the laws of human nature, and the laws of economics cannot be rescinded, but leave it up to the Republicans/Democrats to try...
In his book ';Principles of Economics';, Austrian economist Carl Menger stated:';All things are subject to the law of cause and effect. This great principle knows no exception, and we would search in vain in the realm of experience for an example to the contrary. Human progress has no tendency to cast it in doubt, but rather the effect of confirming it and of always further widening knowledge of the scope of its validity. Its continued and growing recognition is therefore closely linked to human progress.';
It isn't great that some people think the laws of nature, human nature, and economics can be suspended. Isn't it great to live in an age when the laws of nature and human nature and economics can be suspended?
94% of all Americans have jobs. 100% of households have a car and a microwave. That is great news. This is just a financial crisis. They happen every 20 years. The last one was 1987. We will muddle thru. The laws are not suspended..
Actually, what we've learned here is that he laws of economics CANNOT be suspended, not for long...
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