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Obamanomics: The Economic Policies of Barack Obama

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  • Anonymous

    Posted January 3, 2013

    Not Non-Partisan

    This work is presented as being non-partisan. It is not. It is an apologia for Obama's policies. It fails to address the actions of Fanny and Freddie in the housing crisis and the Democratic involvement in encouraging sub prime loans, instead stating that Bush was the instigator. It sums up the results of the Stimulus package by noting that the recession ended four months after the package was passed, but fails to note that almost none of the money was actually flowing, so the Stimulus had no impact. It also states that 2 milllion jobs were "saved or created," while failing to note that the idea of a "saved job" was a creation of the Obama administration, and that the funds to "reform education" were almost totally aimed at everything but reforms. Finally, it fails to note that so much of the Stimulus was a grab bag of give aways for Democratic party constituencies, which were needed to push the bill through.

    I could go on, but I think anyone can get the picture. If you are an Obama partisan, you'll accept this book. If you are opposed to Obama, you'll choke on it. If you know anything about the actual policies and impacts, however, you'll know this is not an accurate presentation of "Obamanomics."

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