“Is there a Ford in our presence?” An article at the Mackinac examines center compares results and conditions of then and now with regard to government interference in the free markets. This is the point being made in The Big Three Guarantee (The Fix) . It is important to maintain flexibility…
Daniel Hager of the Mackinac Center:
“The problem, he maintained, was government intervention into the economy. It imposed rigidity, and any free-flowing economy must be flexible to adapt to changing conditions. Recessions and depressions are naturally correcting when all factors adjust to a slump, including wage rates.”
He is correct. For economic recovery, we MUST allow the natural adjustments.