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The Economics Lesson Obama Needs To Learn

August 4, 2013
By SHELDON RICHMAN ( , The Post-Journal

President Obama is again turning his attention to the elusive economic recovery. His "pivot" will be for naught, however, as long as he continues to ignore two important points: first, government is a major squanderer of scarce resources, and second, its regulations are impediments to saving and investment.



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