Sunday, September 30, 2012

Oxymorons

With it becoming painfully obvious that oxymorons like a "service based economy" or "consumer based economy" are ludicrous ideas springing from failed (Keynesian) economic theory, we are left with the obvious lesson that you must have a healthy "goods" producing sector to have a working economy. This article informs us that our producers are in contraction, signaling an early warning that government attempts to borrow and buy a recovery are a dismal failure.
Business Activity in U.S. Shrinks for First Time Since 2009 - Bloomberg:: www.bloomberg.com/news/2012-09-28/business-activit....html
https://chumly.com/n/16f8955

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