About the Economy’s “Sound Fundamentals” – The American Spectator | USA News and Politics

About the Economy’s “Sound Fundamentals”

Doug Bandow
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As Matthew Vadum points out, after trashing the economy in order to win passage of billions or trillions or who knows how much in “stimulus” spending, the Obama administration has decided that the economy is doing pretty well, thank you very much.  There may still be a couple little glitches here and there, but, with the Chinese inquiring about the security of their U.S. securities, the Prez and his buddies say they are focusing on the economy’s sound fundamentals.  Right.

Catherine Favazza posts a delightful youtube look at what candidate Obama said when Sen .John McCain proclaimed that the economy was fundamentally sound.  Strange, there seems to be a little inconsistency.  Imagine that … .

Doug Bandow
Doug Bandow
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Doug Bandow is a Senior Fellow at the Cato Institute.
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