Aug. 22, 2012
Did the gold standard cause the bank failures that touched off the Great Depression, or excessive credit and bad loans?
It seems the secret to success is not to blame. Maybe that's because, as they say, when you are pointing at someone else...you are pointing three fingers back at yourself!
The next president needs to understand that achieving economic recovery requires unleashing American ingenuity, reducing excessive regulatory strangleholds on businesses and working capital, and allowing safe, proven technologies to tap and utilize our vast onshore and offshore deposits of oil, natural gas and other energy riches.
Overlooked in the furor surrounding Paul Ryan's Medicare proposal — a plan, it should be recalled, that wouldn't start until 2023 and even then would affect only new beneficiaries — is a just-published study in The Journal of the American Medical Association (JAMA) suggesting that, well, Ryan might be right.