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rdean
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Now that the Dow has hit 18 000 let us remember the worst op-ed in history - The Washington Post
And that brings us to the worst op-ed in history. On March 6, 2009, former George W. Bush adviser Michael Boskin offered whatever the opposite of a prophesy is when he said that "Obama's Radicalism Is Killing the Dow.
Boskin, though, didn't think that this once-in-three-generations financial crisis was to blame for the market meltdown. Instead, he blamed it on Obama for ... talking about raising taxes? "It's hard not to see the continued sell-off on Wall Street and the growing fear on Main Street," Boskin philosophized, "as a product, at least in part, of the realization that our new president's policies are designed to radically re-engineer the market-based U.S. economy." What followed was the usual conservative jeremiad against higher taxes on the rich, lower taxes on the poor, and deficit spending. Obama's trying to turn us into Europe, and that's why markets are pricing in the possibility of a Great Depression—not the dying economy he inherited.
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Obama s Radicalism Is Killing the Dow Hoover Institution
Mr. Boskin is a professor of economics at Stanford University and a senior fellow at the Hoover Institution. He chaired the Council of Economic Advisers under President George H.W. Bush.
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This is a great article:
Obama to Blame for Hurricanes Disease -- and Everything Else Jeff Schweitzer
This inability or unwillingness on the part of the Democrats to demand that our political debate be based on fact and reason has given the GOP the odd ability to deny Obama's many and significant successes, or more perversely, take credit for them when they cannot be denied. Our political landscape has been permanently altered by this pull away from reality.
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The economy is beginning to really take off in spite of GOP obstructionism. As more people work, there are fewer workers available. That means workers can bargain for more money. And the GOP, with their anti education policies are going to look terribly ignorant going into 2016. Red State governors will not only continue to beg for liberal Blue state workers, they will be desperate.
And that brings us to the worst op-ed in history. On March 6, 2009, former George W. Bush adviser Michael Boskin offered whatever the opposite of a prophesy is when he said that "Obama's Radicalism Is Killing the Dow.
Boskin, though, didn't think that this once-in-three-generations financial crisis was to blame for the market meltdown. Instead, he blamed it on Obama for ... talking about raising taxes? "It's hard not to see the continued sell-off on Wall Street and the growing fear on Main Street," Boskin philosophized, "as a product, at least in part, of the realization that our new president's policies are designed to radically re-engineer the market-based U.S. economy." What followed was the usual conservative jeremiad against higher taxes on the rich, lower taxes on the poor, and deficit spending. Obama's trying to turn us into Europe, and that's why markets are pricing in the possibility of a Great Depression—not the dying economy he inherited.
================================
Obama s Radicalism Is Killing the Dow Hoover Institution
Mr. Boskin is a professor of economics at Stanford University and a senior fellow at the Hoover Institution. He chaired the Council of Economic Advisers under President George H.W. Bush.
===================================
This is a great article:
Obama to Blame for Hurricanes Disease -- and Everything Else Jeff Schweitzer
This inability or unwillingness on the part of the Democrats to demand that our political debate be based on fact and reason has given the GOP the odd ability to deny Obama's many and significant successes, or more perversely, take credit for them when they cannot be denied. Our political landscape has been permanently altered by this pull away from reality.
====================================
The economy is beginning to really take off in spite of GOP obstructionism. As more people work, there are fewer workers available. That means workers can bargain for more money. And the GOP, with their anti education policies are going to look terribly ignorant going into 2016. Red State governors will not only continue to beg for liberal Blue state workers, they will be desperate.