First 100 Days of Obamanomics

The Heritage Foundation lays out the mistakes of Obama’s economic policies in their “Foundry” section here. Here is one of their most interesting points:

In his first 100 days, President Obama proposed a budget that would dump a staggering $9.3 trillion in new debt—$68,000 per household—into the laps of American children. This is more debt than has been accumulated by all previous Presidents in American history combined.

After studying all things political for the last 8 or so years in college and in the media, I have lost much respect for politics while gaining an amazing amount of respect for economics. It has been mind-numbing economic policies like Obama’s that only add to my lack of respect for politics and the institution of government in general. Maybe I chose the wrong major.

Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

%d bloggers like this: