Barnes: Is Obama an Economic Illiterate?

by Benjamin Domenech on 9:53 am July 25, 2009

“Obama professes to believe in free market economics.” But in the last week he’s endorsed “a surtax on families earning more than $1 million a year,” “taxing risky ventures” on Wall Street, and on insurance industry profits, said ‘What’s the constraint on that?’ “as if those profits should indeed be constrained.” Our ticket out of recession.

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