Presidential petulance personified |
.... Dr. Hans F. Sennholz, the chairman of the department of economics at Grove City College, wrote an analysis of “The Economics of Jimmy Carter”noting that Carter was “unaware of the inexorable economic principles that direct and determine economic life.”
"Carter, Sennholz wrote, was unaware that, “Consumers determine not only the prices of consumer goods but also those of the factors of production, that is, land, labor, and capital. They determine and pay the wages of every worker” noting also that “Carter never tires of expounding his displeasure and irritability about the income and wealth of many capitalists and about government policies that seem to favor the rich.” Who does that sound like today?"
(Emphasis added)
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