Misplaced Optimism in America

As Barack Obama is about to be sworn in as the 44th U.S. president in mere minutes, Americans seem to believe his economic stimulus package will help to revive the economy.

It can’t and it won’t. It didn’t work in the 1930s when Herbert Hoover and Franklin Roosevelt tried it.

Obama can promise the moon and the stars but the only thing that can fix the economy is to leave it alone.

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