Investor's Business Daily pulls no punches in this editorial that questions the competence of the Obama-Fuhrer and his minions, none of whom seem to have a grasp of basic economics. There is no question that the recent jobs report, referenced in this article, shows that this administration does not know what it is doing and has no understanding of what to do to get the economy going again. They know that the election in November will be a disaster if the economy does not pick up, but they are clueless as to how to fix it.
No wonder, as they are tied to the failed Marxist/Keynsian model. They spend and spend and spend, pulling ever more capital away from the private sector, but they are unable to make the connection that their own actions are putting a lead weight around the people who would otherwise be leading a recovery. They could not be more blind.
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