Is it recovery when government expands?

07/17/2009 Mises Wire Jeffrey A. Tucker

MSNBC’s list of metro areas that are no longer “contracting as seriously as six months earlier” (is that really good news?) consists of 23 of 381 spots on the map. The trouble is that most are capital cities, and it is not hard to speculate why. The interactive map provides an interesting picture of nation’s economy sinking and sinking.

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