In response to the recession, the Obama administration chose to emphasize costly, short-term fixes - ineffective stimulus programs, myriad housing programs that went nowhere, and a rush to invest in 'green' companies. As a consequence, uncertainty over policy - particularly over tax and regulatory policy - slowed the recovery.
Glenn HubbardRelated topics
administration chose consequence went green housing invest myriad nowhere policy recession recovery response rush stimulus tax uncertainty obamaRelated quotes
You know, I think the, the crucial thing, you know, we have put in place what is, is just simply the biggest, boldest recovery package in history, right; the stimulus package, biggest ever; the financial rescue, absolutely comprehensive; a housing plan - that is incredible medicine for the economy. And we fully expect it to work.
Christina Romer
People don't realize that the Obama Administration has been, if anything, harder on whistleblowers than the Bush Administration. Part of the reason is that they know that the response will be more muted because the traditional constituency supporting whistleblowers just happen to be the same constituency as Obama's.
Jonathan Turley
Obama and the Democrats' preposterous argument is that we are just one more big tax increase away from solving our economic problems. The inescapable conclusion, however, is that the primary driver of the short-term deficit is not tax cuts but the lack of any meaningful economic growth over the last half decade.
Bob Beauprez
Barack Obama's administration responded to the Haitian crisis within 24 hours. Here comes the soldiers, here comes the food, go go go... Rush Limbaugh told his multi-millions of listeners that Obama only did that to gain favour with black people in America. This is the kind of idiocy that I have to deal with in my country.
Henry Rollins
Most Americans are more concerned about the economy and job creation. And they can't understand why the Obama administration or the Democrat majority in Congress wants to pass a bill like the cap-and-trade tax that will cost us jobs, that will hurt our economy, that will drive up costs for families, as well as for small businesses.
Haley Barbour
