Obamanomics Combines With Fed to Guarantee More Economic Misery

Posted on November 13, 2010

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I’ll give President Obama a bit of credit for signaling that he will abandon temporarily one aspect of his crazy economic philosophy, best termed “Obamanomics. ” It appears the president will at least allow the George W. Bush tax cuts to remain in place for some additional period of time. That’s a smart move for him because everything else both the administration and the Federal Reserve are doing or considering appear to be setting us up for another economic disaster.

via Obamanomics Combines With Fed to Guarantee More Economic Misery – Matt Towery – Townhall Conservative.

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