Jan 19, 2010
Going Galt
My second article in American Thinker
Excerpts:
Growth is being restricted by political uncertainty more than economic policy.
More business people who are either able or nearing retirement are “going Galt”, downsizing or reducing their income and expenses, refusing to spend their labor to support a government antagonistic to their efforts.
While the government is trying every economic stimulus in the play book, they are counteracting it with political initiatives that effectively destimulate economic and job growth with confiscation and uncertainty.
Excellent article. I myself have gone Galt as of the middle of 09.