I have come across a couple of pieces on the web in the last couple of days that I thought that I would share. First, Bradley Shiller, an economist at the University of Nevada, Reno wrote an Op-Ed in the Wall Street Journal showing that President Obama’s continual comparrisons of the current economic climate to the Depression is both incorrect and dangerous. In the article he compares the unemployment rate as well as the percentage of jobs lost and concludes that the current situation is far more analygous to the recession in 1981 and 1982 than the Great Depression. He even looks at bank closures and the drop in auto production and makes the easy conclusion that we are better off in our current climate than in the 1930’s.

Second, the Center for Freedom and Prosperity has released a new video discussing government policies that promote real growth. This is not their best video, but it does point out the areas that the United States is heading in the wrong direction on various economic issues.