Thursday, March 5, 2015

IBD: Is Obama Bashing Wall Street To Hide His Own Failures?

Via avordvet

Economy: In his weekly address, President Obama railed against Wall Street for giving "bad advice" that costs American families billions a year. OK, but what about his bad policies that have cost them far more?

The president used his precious radio time to lash out at financial advisers for mistakes he claims cost Americans $17 billion a year.

Fair enough, but if that sounds bad, we did a little number-crunching of our own recently and concluded that the hyper-regulation and poor economic incentives embodied in Obamanomics have cost the U.S. economy close to $1.7 trillion of GDP annually.

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