Clueless Obama

Future of Freedom Foundation
by Sheldon Richman

04/17/09

If President Obama doesn’t understand why the economy tanked, he surely won’t know what recovery requires. And if he doesn’t know that, he’s surely part of the problem, not the solution. In his speech on the economy at Georgetown University this week, Obama again showed that he hasn’t a clue what caused the economic calamity. He spent a few paragraphs of his speech ‘explaining’ to the students what happened — but he got it wrong. Had this been a class, he should have gotten an F...

//www.fff.org/comment/com0904h.asp



The Fed folly

Freedom Politics
by Steven Greenhut

04/21/09

The nation’s ongoing economic woes should make for what kindergarten teachers refer to as a ‘teachable moment,’ as we must try to figure out the reasons that home prices are falling, jobs are evaporating, government budgets are awash in red ink and as scores of blue-chip companies and retailers go out of business. Even those citizens with stable incomes and secure nest eggs ought to at least have some intellectual curiosity about the hovering storm. Yet, unfortunately, one finds virtually no serious debate about economics. Everyone seems to agree on a handful of platitudes and cliches, and the nation’s political leaders — the folks who promise to navigate the ship of state around the protruding iceberg — seem most committed to advancing a storyline that ranges from the childishly absurd to the absurdly dishonest...

//tinyurl.com/d48ybu


Informant: Thomas L. Knapp



//freepage.twoday.net/search?q=Obama
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//freepage.twoday.net/search?q=Federal+Reserve
//freepage.twoday.net/search?q=Sheldon+Richman
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