Thursday, June 02, 2011

Obama's economic Meth binge is running out of steam

Fueled by easy money and wild spending, the binge is coming inevitably to an end.   And with the Obami sticking their fingers in every economic pie, the confidence that was supposed to ride to the rescue is not forthcoming.  Businesses and consumers want certainty and hope.  All they have from our singular leader is chaos and despair.

The result is as inevitable as it is depressing.  Hattip instapundit.


Also: Obama has only himself to blame for economic doldrums. “This week’s anemic economic reports provide the latest in a steadily lengthening parade of news that demonstrates Obama’s policies not only have not produced the promised recovery, but very likely have retarded it. As the maxim goes, insanity consists of doing the same thing over and over again while expecting a different result.”

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