Thursday, July 1, 2010

The Humbling of an American President

Peter Wehner " It is simply not correct that “every economist” who has looked at the stimulus bill says it did its job. In yesterday’s Wall Street Journal, for example — on the very day Obama claimed universal support among economists for his stimulus package — Allan Meltzer, a professor of economics at Carnegie Mellon University, began his op-ed this way: “The administration’ s stimulus program has failed.” "

 Why Obamanomics Has Failed "Uncertainty about future taxes and regulations is enemy No. 1 of economic growth." Allan Meltzer.

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