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Wednesday, June 9, 2010

Obama Finds Himself with Empty Economic Toolbox


“At a moment when many economists warn that the American economic recovery is likely to be imperiled by prolonged high unemployment and slow growth, President Obama is discovering that the tools available to him last year — a big economic stimulus and action by the Federal Reserve — are both now politically untenable.” (New York Times, Wednesday)

What’s a president to do?

FEE Timely Classic
“Why Government Can’t Create Jobs” by Mark Ahlseen