Know-Nothing-in-Chief

The Weekly Standard
by Fred Barnes

Is President Obama an economic illiterate? Harsh as that sounds, there’s growing evidence he understands little about economics and even less about economic growth or job creation. Yet, as we saw at last week’s presidential press conference, he’s undeterred from holding forth, with seeming confidence, on economic issues. Obama professes to believe in free market economics. But no one expects his policies to reflect the unfettered capitalism of a Milton Friedman. That’s too much to ask. Demonstrating a passing acquaintance with free market ideas and how they might be used to fight the recession — that’s not too much to ask. But the president talks as if free market solutions are nonexistent, and in his mind they may be... (for publication 08/03/09)

http://tinyurl.com/kwqlmc


Informant: Thomas L. Knapp



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