President Barack Obama: We'll get this economy back to creating JOBS with BOLD proposals like...
President Barack Obama: PATENT REFORM!
President Barack Obama: Which could spur the invention of a time machine.
Bors is spot on about the timidity of President Obama and his Wall Street economic team. What we need is a huge dose of Keynesian spending on federal programs to create jobs on the New Deal model. Don’t hold your breath waiting for it to happen. On the other hand, if the Republicans capture the White House next year, we’ll get to see what a second term for Hoover would have looked like.
Bors is spot on about the timidity of President Obama and his Wall Street economic team. What we need is a huge dose of Keynesian spending on federal programs to create jobs on the New Deal model. Don’t hold your breath waiting for it to happen. On the other hand, if the Republicans capture the White House next year, we’ll get to see what a second term for Hoover would have looked like.