Obama’s Economic Policies Are Out to Sea
Continuing job losses indicate President Obama’s stimulus spending and support for the banks have failed to turn the economy around, observes economist Peter Morici. Eight months into the much touted recovery, the economy should be adding jobs not losing jobs at a slower pace. No study of economic history could yield a conclusion other than that the U.S. economy is in danger of falling into a double dip recession.
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The following commentary was submitted by Peter Morici, a professor at the Smith School of Business, University of Maryland School, and the former Chief Economist at the U.S. International Trade Commission....
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