DELIMAN092262
Well-Known Member
Another opinion piece from the Wall Street Journal. If you do not care to read it then don't!
http://online.wsj.com/article/SB100...5399490468359832.html?mod=WSJ_Opinion_LEADTop
It basically repeats many of the points I have written about on this site. How the recovery is feeble and shallow. How Obama's Stimulus Law has not stimulate the economy. In fact without the stimulus law the economy would be in better shape. All that government spending sucked up the available capital.
During the Reagan Administration the Democrats called Reagan's economic plan Reaganomics in zest. They felt his plans were stupid and would never work. They did work Big Time! Today Republicans refer to Reaganomics with pride.
Which means Obama's economic plans could be called Obamanomics. Compared with Reaganomics; Obamanomics has had the opposite level of success. Basically it has failed. Does that mean Obamanomics is stupid?
Additional information from the front page of the New York Times. A reliable liberal source.
http://www.nytimes.com/2010/07/31/business/economy/31econ.html?_r=1&ref=todayspaper
They don't see any improvement in the economy either. Being supporters of Obama they will not call his economic plan a failure. Maybe they should?
The 2010 elections are coming up soon. Maybe when the Republicans retake control of the house they will make change their motto. Maybe they will force Obama to adopt Reaganomics as the nation's economic plan. It worked before. It should work again.
http://online.wsj.com/article/SB100...5399490468359832.html?mod=WSJ_Opinion_LEADTop
It basically repeats many of the points I have written about on this site. How the recovery is feeble and shallow. How Obama's Stimulus Law has not stimulate the economy. In fact without the stimulus law the economy would be in better shape. All that government spending sucked up the available capital.
During the Reagan Administration the Democrats called Reagan's economic plan Reaganomics in zest. They felt his plans were stupid and would never work. They did work Big Time! Today Republicans refer to Reaganomics with pride.
Which means Obama's economic plans could be called Obamanomics. Compared with Reaganomics; Obamanomics has had the opposite level of success. Basically it has failed. Does that mean Obamanomics is stupid?
Additional information from the front page of the New York Times. A reliable liberal source.
http://www.nytimes.com/2010/07/31/business/economy/31econ.html?_r=1&ref=todayspaper
They don't see any improvement in the economy either. Being supporters of Obama they will not call his economic plan a failure. Maybe they should?
The 2010 elections are coming up soon. Maybe when the Republicans retake control of the house they will make change their motto. Maybe they will force Obama to adopt Reaganomics as the nation's economic plan. It worked before. It should work again.