Eugene David
...The One-Minute Pundit

Monday, March 09, 2009


The Paper of Re-CORD's Nobel-winning colyumnist worries:

It’s September 2009, the unemployment rate has passed 9 percent, and despite the early round of stimulus spending it’s still headed up. Mr. Obama finally concedes that a bigger stimulus is needed.

But he can’t get his new plan through Congress because approval for his economic policies has plummeted, partly because his policies are seen to have failed, partly because job-creation policies are conflated in the public mind with deeply unpopular bank bailouts. And as a result, the recession rages on, unchecked.

O.K., that’s a warning, not a prediction. But economic policy is falling behind the curve, and there’s a real, growing danger that it will never catch up.


Well, maybe if his first priority hadn't been merely increasing the size of the guvment -- but that's another story.

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