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Podcast: Townhall Review | Commentaries
Episode: Jerry Bowyer: Government Blaming the People
Description: The Wall Street Journal recently ran an article telling us that it’s somehow a good thing that unemployment is rising, because more joblessness is part of the Fed's plan to fight inflation. Nonsense! Only a Keynesian would think that too many people working and providing goods and services causes inflation. Unfortunately, the Fed and most of the financial press which covers it is made up of Keynesians. Government always tries to blame the people for the problems it creates. The problem isn't too many people at work producing too much wealth. The...