After studying economics for 6 years, which availed me of the merits of free markets, I have circled back to the conclusion that, overall, Democrats will benefit most people in the long run far more than Republicans. I chronicle my observations in this blog. Learn Econ on Wikipedia|Blog Archive
Thursday, August 5, 2010
Companies Not Restoring 401(k)s
Daniel Gross reports on the sweet benevolence of business:
"Recent government data suggest an economy in confusion. Growth and consumption are slowing, but savings are rising, up to 6.4 percent of personal income. The savings rate, in fact, has been climbing for three years, as Americans have been hoarding cash to protect themselves against the struggling economy....."