Dan Mitchell discusses the economy on CNBC
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All Comments (21)
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@Elasaltaculos I couldn't agree more with you. Bravo!
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GREAT VIDEO! Thanks for sharing!
Happy Trading!
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America IS a socialist welfare state. Consider the following: the 2 top federal government departments are dedicated to social change, Health and Humans Services + Social Security. In fact America is the LARGEST welfare state in history. In 2008 61% of federal spending was on various forms of welfare programs (and don't forget state spending). Obama is now greatly increasing the spending.
The welfare commitments are killing your competitiveness. You cant please everyone all of the time.
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looks like he has a bullseye on it
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CNBC has went to hell for everyone that tells the truth they have 4 to suck up to Obama
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Welcome to my outrage
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Democrats are making it worse they're just as bad as Bush.
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Who's the talking forehead and why should I listen to him?
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Dan Mitchel is right on the money. Should have let them all fail including Fannie and Freddie.
Blame Bush not the Democrats.
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that christian guy makes me vomit in my mouth
Dan Mitchell is surrounded by Keynesian idiots
mattgeb84 2 years ago 10
Prevent the crisis? The whole Keynesian platform is about preventing market corrections (suppressing the business cycle). The compounding of these problems over decades without allowing them to be sorted out when they happen lead to a crisis like the current one. The are no more asset bubbles to inflate, so they inflate the dollar.
Elasaltaculos 2 years ago 8