Wednesday, September 21, 2016

Obama's Failure At Economics

Obama's failed "recovery" and the reasons behind it.
"The Obama Administration and some economists argue that the recovery since the Great Recession ended in 2009 has been unusually weak because of the recession's severity and the fact that it was accompanied by a major financial crisis. Yet in a recent study of economic downturns in the US and elsewhere since 1870.......historically the opposite has been true."

The government also has the bad habit of refusing to admit it made a mistake to start with; instead it doubles down on the mistake and only makes it worse.

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