Friday, November 13, 2009
President Obama's Plan - Economy
Some say the president doesn't really have a plan...and I tend to agree. It's fairly obvious that the Obama administration was transplanted from the campaign and takes advantage of practically no experienced administrators of business or government. They are running the US just like they ran their campaign with President Obama spouting empty rhetoric on TV every time I watch the news.
The President himself has never been responsible for any profit-making business in his life and has no idea of the economics that are necessary to keep the US economy strong. He tends to have a summit for everything yet has effective plans for nothing beyond spending your $$ and mortgaging all our futures. It's folly to think the government can spend its way out of economic depression to build the economy. It won't work!!!
This article from April by Professor Peter Morici hits the nail on the head and nothing's changed since.
Ponder it,
JD
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