25 October 2008

President Obama, the Second Coming of FDR

Before you get too excited, take a look at this minority opinion of what happened back then, Great Myths of the Great Depression, by Lawrence W. Reed, Mackinac Center for Public Policy. He can't be entirely right, of course, but then he may not be entirely wrong, either.

You might also want to plot your salary, deflated by the Consumer Price Index over your entire career. That will let you know how hard it is to get ahead by working for a wage. If you really want a stark view, do the same plot with your after-tax income.

Now, financially speaking, do you need more help, or less hindrance?

1 comment:

The Underground Pewster said...

If our vote counts for anything, I would vote for less hinderance.