Hacker News new | ask | show | jobs
by gojomo 6359 days ago
What a fine recipe for recovery: every nation for itself, make companies buy only what's politically-favored, reduce competition, reduce world trade.

(Those were all popular-but-misguided mistakes that made the 1930's depression deeper and longer.)

2 comments

I think the misguided mistake was giving Citigroup too many tax dollars.
While I'm not in favor of the reducing-world-trade argument, I have a hard time with the idea that using tax dollars to buy expensive executive perqs and pay hefty year-end bonuses is going to help the economy recover.