By Dave Cribbin
The economic policies that the Obama Administration has implemented
through legislation, and countenanced by appointing Timothy "Weak
Dollar" Geithner to the position of Treasury Secretary, and
re-appointing as Chairman of the Federal Reserve Ben "I'm printing
Money ‘til it hurts" Bernanke are having the opposite effect of what
this administration and all of their reputable economists had assured
would now be happening — and it's not good.
What is true in farming is also true in economics: You reap what you
sow! When you plant lima beans all the backyard town-halls and campus
rallies in the world will not produce a crop of beautiful beefsteak
tomatoes. You can blame it on the weather and the soil, you can even
blame the Republicans, but come harvest time you are going to be stuck
eating lima beans and your words.
The stagnant economy that we endure today is what you reap when you have sown an economic policy mix that gets it totally wrong.
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