When Barack Obama takes the oath of office in just over three weeks, he will be confronted with the worst economic crisis since the Depression. NPR News Analyst Juan Williams talks about President-elect Barack Obama’s plans for the economy.
When Barack Obama takes the oath of office in just over three weeks, he will be confronted with the worst economic crisis since the Depression. NPR News Analyst Juan Williams talks about President-elect Barack Obama’s plans for the economy.
Should Mr. Obama choose, as is regrettably expected, to apply the FDR Keynesian model to our econimic problems, we had better plan to accept a ‘sadly necessary’ world war 6-10 years hence to accomplish what the Keynesian approach will certainly fail at just as the Keynesian model did in the 1930’s.
I wasn’t aware that it was the job of the President to fix the economy. Aren’t fiscal matters the responsibility of the Congress?