Thomas Sowell

Economist and syndicated columnist Thomas Sowell was interviewed recently and had this to say:

Q: Do you have any wisdom to share with us about what the politicians should or shouldn’t be doing about our current economic troubles?

A: Well, they’re two fundamentally different questions. The first is, "Is there something that the government could do that might make things better?" The second is, "Is there anything the government is likely to do that will make things better?" The second question is much easier to answer: The answer is “No.”

Q: From what they’ve done so far, are you encouraged or frightened?

A: I think I’m stoically braced for whatever disaster they create. (My emphasis -HH)

To read the entire column and interview with Bill Steigerwald and to see his answer to this question: "Do you have any wisdom to share with us about what the politicians should or shouldn’t be doing about our current economic troubles?" -- go here.