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Author: "Obama/McNerney Stimulus Made Economic Crisis Worse"

Original post made by StopMcNerney on Sep 25, 2010

Obama and his Administration, including Jerry McNerney, weakened the country's economy by seeking to foster growth instead of paying down the federal debt, said Nassim Nicholas Taleb, author of “The Black Swan."


Article >>> Web Link

Comments (1)

Posted by Patriot, a resident of Another Pleasanton neighborhood
on Sep 25, 2010 at 12:54 pm

"Obama and his Administration, including Jerry McNerney"

Jerry McNerney is not a member of the administration. Neither the Republicans nor the Democrats proposed paying down debt.

From the article: "Governments globally need to cut debt and avoid bailing out struggling companies"

But it was Bush and the Republicans (like David Harmer) who proposed TARP and bailed out their wealthy friends on Wall Street. Do we really want to throw those bums back in?

Also from the article:

"I am bullish on Canada," he told the audience. "I prefer Canada to the U.S. or even Europe."

Interesting.


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