Thursday, April 30, 2009

Day 100, and counting

"Today (yesterday April 29) marks the 100th day of Barack Obama’s presidency; a presidency that is every bit as comfortable as Franklin Delano Roosevelt’s was in blending the power of big government, big business, and big labor into one national industrial policy. And just as under FDR’s National Industrial Recovery Act, the result of the Obama agenda will be fewer small businesses, less jobs, and a longer recession. UCLA economists Harold Cole and Lee Ohanian have found that the NIRA accounted for 60% of the weak recovery and prolonged the depression by seven full years. President Obama’s senior advisor David Axelrod has called the 100-day benchmark a Hallmark Holiday. Does Hallmark sell a condolence card for the death of free enterprise?" Free enterprise's 100th Day Death March
Posted by Norma at 4/30/2009 06:46:00 PM
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3 comments:

Anonymous said...

FDR extended the Depression by about a decade longer than needed; just think what he could have done with cap and trade and global warming.

4/30/2009 9:50 PM
Kelli said...

I'm calling the 100-day benchmark a Horror Holiday. That's what it's been for me mentally, for our retirement (gone), for our home's value (very much depressed, along with our chance to sell it now that we need to) and our prospects of my husband finding employment anytime soon.

5/01/2009 2:35 AM
Anonymous said...

Felix Salmon:"President Obama's landmark move to force Chrysler into bankruptcy leads on the nation's business pages today, with the New York Times calling it "yet another extraordinary intervention into private industry by the federal government." Is the NYT waking up? Will its owners catch on that it is a "business" and that it is being marginalized by Obama's and the left's agenda?

5/01/2009 5:48 AM

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