Obama's Economics Are Hurting All Americans

Another Nobel Laureate economist disagrees with the Obama administraiton's handling of the economy in the current economic crisis. James Buchanan notes that Obama's policies may drag the United States from being a first world country to a third world country, as happened to Chile because of Juan Peron. Read it all.

It has been free market capitalism, which so effectively spurs innovation, that propelled the United States to prominence in the 19th century. The Obamatons' efforts to destroy the free market economy through excessive government in the name of "social justice" ultimately hurts us all.

If we have learned one thing about government regulation, it does only one thing really efficiently. And that is: stifle innovation.

I didn't vote for him.

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