Obama’s Basic Problem: They Don’t Teach Economics at Harvard Law School
Posted on | August 18, 2011 | 11 Comments and 13 Reactions
Ace of Spades points out the obvious:
When Obama was on this supposed non-political listening tour in swing states, he actually wasn’t presenting a plan, of course.
He was promising he would have a plan.
That’s odd, isn’t it?
All Obama knows about economics is what his neo-Keynesian advisers tell him about the glorious benefits of deficit “stimulus” spending. Beyond that, he understands the politics of class warfare and scapegoating Republicans. But as far as understanding why his own policies have been the exact opposite of what was needed to put America back on a path of growth . . .
No, he doesn’t understand that at all. And likely never will.
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