kevinhiggins.org

The Obama Economy

Read the previous post. Then read this one. [Warning: Not recommended if you're a blind Obama loyalist, or someone that's been entirely comfortable accepting the lemming-like liberal mantra of "The conservatives had their chance, now it's our turn...either it will work, or it won't." A helluvan attitude as you blow a trillion dollars of other peoples' money on ill-considered, hail-mary populism that violates everything macroeconomists have learned in the last 80 years.]

http://online.wsj.com/article/SB123604419092515347.html

The gist: At some point, someone ought to admit that the continually plummeting market is no longer entirely ol' Georgie's fault, and it's becoming less and less so all the time; it's rapidly becoming a response to the new Administration's promises to vilify, then bury the only thing that can lead a country out of a recession: Business.

Posted by camisade at March 3, 2009 07:02 PM | TrackBack