Thursday, January 27, 2011
Why Keynesian Economics and the Obama Economic model are a failure...I've always thought that the definion of insanity is repeating the same thing over and over and expecting a different outcome...Keynesian economics failed during the Great Depression and directly contributed to another 7 years of depression following the small recovery of 1934 that was smothered by FDR's economic policies in 1935.
The Obama administration has basically admitted that the "Stimulus Package" was an utter failure...and has contributed to the extension of the current recession. His SOTU address has asked for more of the same...how long will it take this president to realize that his policies are hurting the economy? When will this administration realize that business creates jobs, not government?