Wednesday, May 19, 2010
The Start of the Economy and How it is Doing Now
Strong government regulation in the U.S. economy started in the early 1900s during the time of the Progressive Movement. Before this, the government was only promoting economic growth through protective tariffs. Progressivism is the advocation of change, the promoting of change or reform, through the political attitude. In other news, the economy did not so well today. Dow -66.58/-0.63%; now at 10,444.37
Nasdaq -18.89/-0.82%; now at 2,298.37
S&P -5.75/-0.51%; now at 1,115.05.