June 8, 2012
The problem with government-created marketplaces is that the government feels obligated to protect them - even at the expense of competition and market alternatives.
It appears the Occupy Movement has done very little to help the Democratic Party (see Wisconsin). The Tea Party has been effective in its activism. Check out this comparison by reporter Frank McCaffrey.
If the Obama administration was truly interested in creating jobs and getting the Jobs Corps Center built, they would have done away with the PLA in 2009 and moved forward.
"They continued to pump liquidity into the system, first by lowering interest rates and then, when those were at zero, by printing money (euphemistically called 'quantitative easing'). None of these actions made the bad debts go away."