We have seen the future, and it sucks.

Stay What Course?

6th February 2013

Victor Davis Hanson blows the whistle.

In the last four years, we haven’t had a budget without a $1 trillion deficit; we have added over $5 trillion in new debt. And yet for all such stimulatory dope, we have not witnessed a single month of unemployment lower than 7.8 percent—in a country in which well under 6 percent unemployment as recently as 2004 was derided as a “jobless recovery,” and in which a prior administration in eight years did not have a single month with an unemployment rate higher than every month of the present administration.

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