This, by Glenn Reynolds, cannot be emphasized enough. I would argue that had no-one been elected President in 2008, the economic recovery would be in higher gear today.
Rand Simberg at PJ Media shows us the numbers and reminds us that while Clinton claims credit for the boom during his administration, the economy had been recovering well before he took office and the "tech bubble" plus a Republican congress helped the economy enormously. And the President Obama is modelling himself after, FDR, managed to keep America mired in the Great Depression for a decade because he was busy "experimenting" ... meaning he didn't know what do do.
Almost four years ago, we elected a man to fix this economy, despite his complete lack of experience or credentials for doing such a thing, and abundant evidence even at the time that wealth redistribution was a much higher concern for him than wealth creation. He’s had over three and a half years of on-the-job training, and based on his speech last night, which was a montage of dozens of other speeches over the past forty months, he has learned nothing at all. As Clint said last week, time to let him go.
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