The real problem in Washington is that many don’t understand the concept of economic growth. . . Just as importantly: Many don’t understand that it is imperative to economic prosperity including survival of welfare programs. Carl Schramm, economist and columnist, pointed out that some people in Washington actually believe growth is bad for the economy.
Give the Ransom Notes Listener Line a call at 202-681-1732 or send us an email at firstname.lastname@example.org.
Carl Schramm, economist and columnist, joined the program to talk about the lack of growth in the US economy:
Moody's Puts Puerto Rico on Downgrade to Junk Review Citing Very High Debt, Pension Obligations, Chronic Deficits; Exodus Underway | Mike Shedlock
Radical Capitalism: A remote Indonesian village runs its own telecommunications company. (From a laptop and a tree) | Nick Sorrentino
Open Letter to Obama and Congress From Internet Giants Calls For Reining In Government Surveillance | Nick Sorrentino
(An important interview) Saving the Net from the surveillance state (And Crony Media): Glenn Greenwald speaks up (Q&A) | Nick Sorrentino