Home > Economics, United States > >Peter Schiff is right on the ball again

>Peter Schiff is right on the ball again

>It seems that only one of these people, Peter Schiff, has a proper handle on the auto industry bail out in this piece from a few weeks ago.

One of them, Christian Weller, seems to have completely no clue. He defends unions as a creator of jobs. That is the most ridiculous thing I’ve ever heard.

These so-called ‘green’ jobs being proposed in the United States and, unfortunately, here in Australia will be a huge cost to taxpayers and help slow the economy until whatever green industry they’re in collapses.

(Nothing Follows)

Categories: Economics, United States
  1. December 5, 2008 at 5:21 am

    >”Christian Weller, professor from the Progressive Learning Center for American Progress.”Talk about redundancy.

  2. December 5, 2008 at 5:26 am

    >Peter Schiff is exactly right. I find it scary that the other three seem to think that the government can just create jobs and money out of thin air.

  3. December 5, 2008 at 9:20 am

    >Peter Schiff is exactly correct, in terms of outcomes, all of the time.He hasn’t been too correct on timing, predicting this outcome since before 2001.It was like a slow motion train-wreck, which suddenly turned into fast motion with metal and bodies flying everywhere.Schiff knows. Economists from the Austrian School know. You ain’t seen nothin’ yet, I’m afraid….

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