Kire Schneider Online

Liberal Democrat

Liberal Democrat
Father of American Liberalism

Monday, October 1, 2012

Bloomberg News: Morning Must Read: "The President's 'Biggest Mistake' on Obamanomics"



President Obama's biggest mistake on the economy, was early on during the stimulus debate. Not realizing how big the hole in the economy was and not coming up a plan that was big enough and targeted. Enough to deal with the problem, the American Recovery Act should've been around 2T$ and should've been focused better, on bailing out business's that were going under as a result of the "Great Recession". Through Corporate and Small Business Tax Relief and Infrastructure Investment, thats designed to rebuild the country, paying off some of that 1T$ hole we have in Public Infrastructure. That Core of Engineers says we have and more Public Aid to States and Locals, so they wouldn't of had to layoff as many workers.