David Brooks, in his April 6 column1, takes President Obama to task for calling the Paul Ryan Budget Plan “Social Darwinism”. Others2 take President Obama to task for his socialist budget and plans. What’s the difference between Socialism and Social Darwinism? About 15%, it turns out. Mike “Mish” Shedlock has …
On Oct 12, 2007, the Dow Jones Industrial Average stood at 14,093. On Jan 20, 2009, it had plummeted to 8279. Then Barack Obama became president. On March 6, it had further plummeted to 6627. Then it started rising. By July 17, 2009, it passed it’s Jan 20 value and …
James Pethokoukis writes For 99 percent of Americans, the Obama recovery has been no recovery at all, but the article seems possessed by sloppy thinking. Where to start? He reproaches President Obama and the “Obama recovery”, since the top 1% are capturing 93% of all of the income gains; then …
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