Tuesday, July 29, 2008

Economic Illiteracy: The High Costs of Obamanomics 101

It's worse than you think.

Key points:

"Yet despite his obvious general intelligence, and uplifting and motivational eloquence, Sen. Obama reveals this startling economic illiteracy in his policy proposals and economic pronouncements. From the property rights and rule of (contract) law foundations of a successful market economy to the specifics of tax, spending, energy, regulatory and trade policy, if the proposals espoused by candidate Obama ever became law, the American economy would suffer a serious setback."

Obama's economic statism, his proposed expansion of government, and his "progressive change" on all fronts show he is pretty clueless.

Let's pray that in case Barry O manages to fool enough voters into electing him President, some of the people he has advising him and are likely to have some economic influence will turn out to be less dangerous than the self-anointed messiah..

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