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Barack Obama finally embraces Supply Side
Economics – but adds just a wee hint of redistribution

Posted By: floppingaces      1/29/2013 8:21:23 PM
Flopping Aces, by Vince
Original Article

Not since the 1970’s have the American people felt so discouraged about the prospects for the nation in general and their individual economic circumstances in particular. For most of American history the notion of having a job, doing something productive for your family and your community was the norm. Barack Obama is seeking to rapidly change that, and he got a good head start during his first term. The President has doubled the number of people on food stamps and he gutted Bill Clinton’s (grudging) welfare reform. That’s his version of Supply Side Economics, he supplies the benefits and people




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