SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Politics : President Barack Obama -- Ignore unavailable to you. Want to Upgrade?


To: RetiredNow who wrote (124634)10/23/2012 1:45:36 AM
From: tejek  Read Replies (1) | Respond to of 149317
 
When I mention the Austrian way, I'm talking about Hayek and Mises and their economic theories. And before you attack their character, Hayek was a Nobel Prize laureate. Their theories have proven correct in predicting outcomes of fiat currencies and the lengths that politicians will go to preserve fiat currencies, and all the consequences of currency debasement.

I don't want to attack anyone. Their theories are meaningless to me. I am more concerned with the facts. And the facts suggest the economy continues to improve albeit slowly. My anecdotal observation of my own local environment supports that thesis. A look at metro job growth throughout the country suggests that a number of metros are experiencing even a robust recovery:

deptofnumbers.com

So I continue to believe Bernanke and Obama are doing the right things and support them completely. EOS.