Imagine if the U.S.’s economy had grown an extra 1% every year since
1949 as a result from less strangulating federal regulation.
This is the thesis for a recent Forbes article by Rich Karlgaard, the magazine’s publisher and head writer. Using the concept of compound interest, along with an assertion that runaway federal tinkering and silly regulations have had a massive impact on the country’s economic growth over the decades, he gives a handful of answers to the question:
“Where would the U.S. economy be today without massive federal regulation?”
Here’s what he came up with:
http://www.ijreview.com/2014/10/185794-americas-economy-look-like-without-silent-deadly-killer-astounding/
This is the thesis for a recent Forbes article by Rich Karlgaard, the magazine’s publisher and head writer. Using the concept of compound interest, along with an assertion that runaway federal tinkering and silly regulations have had a massive impact on the country’s economic growth over the decades, he gives a handful of answers to the question:
“Where would the U.S. economy be today without massive federal regulation?”
Here’s what he came up with:
http://www.ijreview.com/2014/10/185794-americas-economy-look-like-without-silent-deadly-killer-astounding/
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