Conventional wisdom in the United States and the European Union is that to stimulate economic growth you need to print and barrow yourself into prosperity. For some reason this is not working in the US or the EU. Maybe we should follow the advice of our grandparents when it comes to stimulus. How does this work? Simple; do what Warren Harding and calvin coolidge did. They Cut the size of the Federal Government in half and did the same with the tax rate. Our Brilliant leaders in Washington D.C. and at the Federal Reserve today, would have us believe this would lead to economic collapse. The problem is it lead to the roaring 20s the last time it was tried.
HSBC WARNS: The world economy faces a 'titanic problem'
AKIN OYEDELE
MAY 13, 2015, 8:00 AM
HTTP://WWW.BUSINESSINSIDER.COM/HSBCS-STEPHEN-KING-ON-THE-WORLD-ECONOMY-2015-5
Read more: http://www.businessinsider.com/hsbcs-stephen-king-on-the-world-economy-2015-5#ixzz3a4VirJYt
May 13, 2015, 07:30 am
Reckoning for the Fed
By Judy Shelton, contributor
http://thehill.com/blogs/pundits-blog/finance/241836-reckoning-for-the-fed
US Real GDP Growth Rate by Year
http://www.multpl.com/us-real-gdp-growth-rate/table/by-year
Barack Obama
http://blogs.telegraph.co.uk/news/files/2013/06/Barack-Obama-Stunning-Decline.jpg
Ben Bernanke
http://www.google.com/imgres?imgurl=http://vignette4.wikia.nocookie.net/fallout/images/d/d1/Ben-bernanke.jpeg/revision/latest%253Fcb%253D20130927200556&imgrefurl=http://fallout.wikia.com/wiki/File:Ben-bernanke.jpeg&h=1144&w=772&tbnid=xDMiBrvQS_oXHM:&zoom=1&docid=jc2epVZNSbANlM&ei=syFUVaONAYuLyASirYDgDA&tbm=isch&ved=0CDMQMygEMAQ
Graph pic
http://www.policyprogress.org.nz/wp-content/uploads/2010/04/Brian-Easton-oecd800x600.gif
Ronald Reagan Cowboy Hat
http://upload.wikimedia.org/wikipedia/commons/6/6a/Ronald_Reagan_with_cowboy_hat_12-0071M_edit.jpg
Money Stack
https://mises.ca/wp-content/uploads/2014/06/money-printing1.jpg
Government is the Problem - Reagan: htfttf
http://www.youtube.com/watch?v=cEuiI2PbSWQ&feature=share&list=PL4yC6wMGiOfZVvWdOiyy-zp8CDrDZpyDg
Host of UncommonSenseUSA: Michael Conn
https://soundcloud.com/michael-conn-2
Music by:
https://soundcloud.com/moonman-productions