Economic Outlook Under Obama Supervision

I’m constantly telling all of my left-leaning friends about the likely “second dip” in our economy.  They obviously don’t like it when I cite the lack of a positive economic climate; Or hiring more people for Government work does not make things better, faster, and/or cheaper (i.e., creation of wealth).  Unfortunately,  Mr. O’bama will believe to his dying day that the government can simply edict the creation of new jobs…

Arthur Laffer wrote in his January Economic Outlook, “we cannot have a prosperous economy when government is overspending, raising tax rates, printing too much money, over-regulating and restricting the free flow of goods and services across national boundaries…  We are moving in the wrong direction.”

As Ronald Reagan said so aptly, ” Government is not the solution… it’s the problem”

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