Last week, Peter Schiff, CEO of of Euro Pacific Precious Metals, provided stunning testimony to the House Oversight Committee and explained how President Obama’s ideas of government stimulus are not the solution to the unemployment problems, they are the problems.
The full testimony is 22 minutes long, but its worth every minute. Of course, Obama’s stimulus is just one obstacle to economic growth. Regulation, Dodd-Frank, ObamaCare and threatened tax hikes are all putting growth out of reach. If the Obama Administration were intentionally trying to destabilize the economy, its hard to imagine what they would do differently.
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