Free Republic

From the COMMENTS section on the resignation of Austan Goolsbee: The Obama Economic "Plan" 1. Pay people not to work 2. Encourage malinvestment in uneconomic projects, e.g. wind, solar, hi-speed-rail, GM 3. Give handouts to encourage over-levered consumers to increase leverage, e.g. "cash-for-clunkers/caulkers", home buyer tax credits, Chevy Volt credits,… 4. Increase union power vs. state/local reform and the private sector 5. Create a mythical villain on whom to pin the financial crisis and depression: "Wall Street, evil bankers, etc., greedy corporations, etc." 6. Add new multi-trillion unfunded liabilities (entitlements), and ignore those that already exist 7. Suffocate the private...