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Obama’s Policies (Not ATMs) to Blame for High Unemployment

President Obama may have proven that he is even more clueless about economics than previously thought. On NBC News, he claimed that his misguided Keynesian policies had nothing to do with companies’ unwillingness to hire new employees. He instead placed the blame for high unemployment on machines. He said that:

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Blog

Obama’s Policies (Not ATMs) to Blame for High Unemployment

President Obama may have proven that he is even more clueless about economics than previously thought. On NBC News, he claimed that his misguided Keynesian policies had nothing to do with companies’ unwillingness to hire new employees. He instead placed the blame for high unemployment on machines. He said that:

06/16/2011
Henry Hazlitt on the Geithner Plan

Journalist and economist Henry Hazlitt, writer of Economics in One Lesson, comments on the role of property rights in the functioning of the price signals:

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Blog

Henry Hazlitt on the Geithner Plan

Journalist and economist Henry Hazlitt, writer of Economics in One Lesson, comments on the role of property rights in the functioning of the price signals:

03/25/2009