From Peter Morici writing commentary for UPI.com:
The defining difference between the recent two disappointing economic recoveries and the strong record of the 1980s has been the predisposition of presidents from both parties to champion politically expedient remedies -- bailouts and entitlements that steal money from promising research and development, public infrastructure and private investment to bolster inefficient hospitals, abusive financial houses and decadent universities.
When the best incomes are to be earned gaming regulators, dodging prosecutors and fielding gladiators for Saturday spectacles, no wonder the economy doesn't grow and one out of every six adult men is jobless and likely to stay that way.
Decadence begets decay.
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