"Obama blames economic woes, some real some manufactured (“inequality”) on a philosophy and policy that was abandoned a century ago. What doesn’t exist is what he says didn’t work. Obama absurdly suggests that timid, half-hearted, compromisers, like George W. Bush, installed laissez-faire capitalism–on the grounds that they tinkered with one or two regulations (Glass-Steagall) and marginal tax rates–while blanking out the fact that under the Bush administration, government spending ballooned, growing much faster than under Clinton, and 50,000 new regulations were added to the Federal Register."
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Democratic Party (United States) politiciansColumbia University alumniAutobiographers from the United StatesAfrican AmericansHarvard University alumni
Original Language: English
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Sources
Harry Binswanger in Forbes (31 December 2013)
https://en.wikiquote.org/wiki/Barack_Obama
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Barack Obama
politician, lawyer, political writer
1961 · United States
1215 quotes on TrueQuotesView all quotes by Barack Obama →
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