Tag: fiscal policy
Obama could’ve prevented this
The biggest mistake of his presidency so far was failing to adopt the recommendations of his own fiscal commission. Had he done so the Republicans would’ve probably lined up in opposition and would’ve likely been held responsible for it by voters. But Obama punted on the Bowles-Simpson plan and the nation’s economic uncertainty drags on.
The third Bush term, and a possible alternative
Quagmire in Afghanistan. Check. Irresponsible fiscal policy. Check. Now Obama is threatening to veto any budget that includes additional cuts in defense spending. Some Islamic Marxist he turned out be. Obama supporter Andrew Sullivan sums it up well: If this is the president’s attitude toward the debt crisis, made so much worse by the recession, it…