Posted on 03/31/2009 6:08:00 PM PDT by Kaslin
As President Obama takes his seat at the G-20 summit in London Thursday, the world's leaders will be curious what economic philosophy he represents.
Is this the same America that celebrated go-go capitalism and resisted regulation of global financial markets, or is it a chastened nation? Is America still from Mars, to use the shorthand of the Bush years, or has it moved to Venus?
I was curious myself about the vision that animates Obamanomics, so I put the question last week to David Axelrod, the president's senior adviser.
He enumerated the usual list of specific policies health care, energy, education. When pressed for an overall conceptual framework, he described an effort to create a "new balance" in the country, and a "new foundation" for economic growth.
"Things have been out of balance for the last decade," Axelrod said. "We want to restore that sense of balance, that we're all in this together. We're not doing this right if we have a small group of people who are benefiting while most aren't. The president wants to create a prosperity that is broadly held.
(Excerpt) Read more at ibdeditorials.com ...
I hope they kick his patootie
The same failed one they have tried for years.
In other words, when we spread someone else's wealth around, everyone benefits ... except the rich person we're looting from ... and the employees that person fires when he stops working so hard for Obama and for the lazy ... and the poor who may be getting a larger share of the pie but find that it's a much smaller pie once Atlas shrugs.
Jake: I hate Illinois Nazis.
Illinois Democrats are worse.
Believe it or not, IBD is as libertarian as publication as it can get. Once in awhile, a RINO just happens to slip in a barf article that reverses action on the paper as a whole just like WSJ’s staff.
Soros and the people behind him are the stance Obambi takes.
Ignatius’ father, Paul Robert Ignatius is president of The Washington Post.
As of 2008, he is an associate editor and columnist for The Washington Post. He also co-hosts PostGlobal, an online discussion of international issues at Washingtonpost.com
My boss subscribes to it so I read it on occasions. Before the elections of 11/4, their articles were mostly against Obama.
David Ignatius
"President Obama was smart, peppy and well-prepped in his prime-time economic presentation tonight"
Balance? Murdering millions of babies, government taking over private enterprise, taxing ourselves and our posterity for nothing, massive and bogus global warming taxes, appeasing our enemies, rigging elections from here to eternity with billions of public dollars, eviscerating defense, kowtowing to minorities, paying back unions, etc. Yep, that’s sure “balanced.”
Is the author freaking serious?!! I mean, what the hell part of the last 8 freaking weeks does he think that the G-20 leaders were in a coma? He represents the SPEND TRILLIONS OF DOLLARS THAT YOU DON'T FREAKING HAVE PHILOSOPHY, David Doofus!
SHEEZ LOU-ISE!!
Maybe he should change his name to David Ignoramus.
Pathetic.
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