All Commentary
Monday, September 20, 2010

Wall Street Still Struggling

“Even after taxpayer bailouts restored bankers’ profits and pay, the great Wall Street money machine is decelerating. Big financial institutions, including commercial banks, are still making a lot of money. But given unease in the financial markets and the economy, brokerages and investment banks are not making nearly as much as their executives, employees and investors had hoped.” (New York Times, Monday)

Government can only stimulate the economy with what Government took out of it.

FEE Timely Classic:
Why Government Can’t Create Jobs” by Mark Ahlseen