How about this for a Twilight Zone episode?
Today, we have more evidence that the Obama administration does not understand the free market economy.
Michael Boskin writes this:
"The president badly needs to make more realistic pronouncements.
No one expects him to say his policies have failed (although most have delivered far less than claimed at large cost).
A little candor about the results of experimentation in uncharted waters would go a long way.
But at the very least, his staff needs to avoid putting these exaggerations on the teleprompter.
It undermines confidence and raises concerns about competence.
It's doing nobody any good—not the economy and certainly not Mr. Obama."
Caroline Braun writes this:
"Can you believe they’re still touting that silly metric?
Today, we have more evidence that the Obama administration does not understand the free market economy.
Michael Boskin writes this:
"The president badly needs to make more realistic pronouncements.
No one expects him to say his policies have failed (although most have delivered far less than claimed at large cost).
A little candor about the results of experimentation in uncharted waters would go a long way.
But at the very least, his staff needs to avoid putting these exaggerations on the teleprompter.
It undermines confidence and raises concerns about competence.
It's doing nobody any good—not the economy and certainly not Mr. Obama."
Caroline Braun writes this:
"Can you believe they’re still touting that silly metric?
When I heard last week that the White House would be announcing the number of “jobs created or saved” as a result of the 2009 American Reinvestment and Recovery Act, my first reaction was embarrassment."
It is an embarrassment and that is why Pres BO's approvals are dropping and the Dems are in serious electoral trouble.
Here is the little music that my blog readers love so much:
