Wednesday, November 11, 2009

The Old Term Was Crowding Out

It the bad old days (pre-Reagan and early Reagan), a common phrase in economics was "crowding out" and that government borrowing reduced the capital in the system available for private investment. It's probably happening again.

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Woke Terror

I recently heard a new phrase that stuck in my head like a dart in a dart board - Woke Terror . In our world a formerly innocent remark...