All Posts Tagged With: "Keynesian economics"

Failed Policies of the Last Century

(The following article was written by Peter Vessenes and contributed via Kassandra Kuehl)

On Saturday, September 1st, President Obama accused Mitt Romney of retreating to policies from the “last century” and “sticking it” to the middle class.

Is this really the case?  Whose policies exactly have “stuck it” to the middle class?

Why not go back to the Great Depression as a starting point?  After all, we are in a “Recovery” that looks a lot like that time period.  Which “policies” began there?  Perhaps the largest was Social Security.  After all, Social Security was a Democrat Party program that promised the government would “set aside” retirement, or safety money for people when they reached 65 years of age.   Unfortunately, the average life expectancy at that …


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