Doctor meet your patient - Economic & Political Malpractise
The two Democratic candidates continue to promote their economic plan for the US. And there's not much difference between Obama and Clinton's plan. They both want to:
1. Renegotiate NAFTA and put restrictions on foreign trade
2. Increase the tax rate on the wealthiest Americans
I recently had dinner with a young man who holds a degree in economic history. He pointed out that the two factors that led to the Great Depression and the economic malaise of the 1970's were:
1. Restrictions (through Tarriffs and Price Control) on foreign trade.
2. Increase of the tax rate on the wealthiest Americans.
See any similarities?
If a physician had a patient that continued to show an allergic reaction to a particular medication, the physician would be guilty of malpractise for continually prescribing that harmful medication.
Isn't it a form of political and economic malpractise to continue to prescribe an economic cure that produces such a consistently negative reaction in the US economy?
1. Renegotiate NAFTA and put restrictions on foreign trade
2. Increase the tax rate on the wealthiest Americans
I recently had dinner with a young man who holds a degree in economic history. He pointed out that the two factors that led to the Great Depression and the economic malaise of the 1970's were:
1. Restrictions (through Tarriffs and Price Control) on foreign trade.
2. Increase of the tax rate on the wealthiest Americans.
See any similarities?
If a physician had a patient that continued to show an allergic reaction to a particular medication, the physician would be guilty of malpractise for continually prescribing that harmful medication.
Isn't it a form of political and economic malpractise to continue to prescribe an economic cure that produces such a consistently negative reaction in the US economy?
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