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Obamanomics

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Once again, a Washington Post reporter asks Team Obama how they are going to keep from wasting the hundreds of billions of "stimulus" dollars by spending it too fast and Team Obama replies that they are going to work hard to not spend it too slow:Because they are intended to pump cash quickly into the... Read More
From the Washington Post, "Obama Team Develops Stimulus," about what's now being spitballed as costing $850 billion: The potential for massive new spending has touched off a frenzy among interest groups eager to claim their share of the expanding stimulus pie. The profusion of requests from governors, transportation groups, environmental activists and business organizations is... Read More
The Washington Post catches up to what I've been saying all along:Stimulus Package to First Pay for Routine RepairsPresident-elect Barack Obama calls it "the largest new investment in our national infrastructure since the creation of the federal highway system in the 1950s." New York Mayor Michael R. Bloomberg compares it to the New Deal --... Read More
The two basic shortcomings of Obamanomics are that Obama is planning for 2009 with ends that are very 2007 (compact fluorescent lightbulbs! carbon! inequality! health insurance for everybody! spiff up inner city schools!) and means that are very 2008 (Carnival in Rio spending!).Obama's thinking is still stuck in the 2007 mindtrap, the assumption that the... Read More
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Steve Sailer
About Steve Sailer

Steve Sailer is a journalist, movie critic for Taki's Magazine, VDARE.com columnist, and founder of the Human Biodiversity discussion group for top scientists and public intellectuals.


PastClassics
The unspoken statistical reality of urban crime over the last quarter century.
The “war hero” candidate buried information about POWs left behind in Vietnam.
The major media overlooked Communist spies and Madoff’s fraud. What are they missing today?
What Was John McCain's True Wartime Record in Vietnam?