A dunce caused the recession, but a “genius” cannot manage a recovery…?

OK. So America once had a prez that spewed malapropisms & mangled grammar. Worse, he made some disastrous foreign policy & a serious recession took shape on his watch.

But that was yesterday and George Bush is enjoying a solitary retreat on his ranch.

Now the US economy is being overseen by a man that some consider to be a genius, if not a messiah.

With the end of the recession declared, President Obama owns the recovery.

In the past, recoveries for the US economy were a slam dunk. Just sit back while the private sector shook off excess capacity & dumped over-priced assets.

Not this time! High ratios of public-sector debt relative to GDP, increased regulatory burdens & threat of higher tax rates are choking off attempts at economic recovery.

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About christopher

Content of "Natural Order" attempts to reflect the commitment of Universidad Francisco Marroquin to support the development of a society of free & responsible individuals. The principal commentator for this blog is Christopher Lingle.

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