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America’s ‘Free-Market’ Economy – Now Run by Political Dictates (#251)

Updated: Feb 28

Lately, as business and economic realities made their presence felt in falling financial markets, tech companies descending from their extraordinary peaks, retailer bankruptcies (like Sears), General Motors (GM) auto plant closures, steadily rising rates from their historic lows, and softening of the economic outlook, America that prided itself as the ‘free market’ champion of the world, once again became ‘Socialist/Communist’ and dictated a reversal to the downturn by political intervention and pressure. Exactly what America has long chided ‘Socialist’ countries in doing, running their economies for political expediency, rather than business efficiency, by command.

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