Whirling economics

posted by
June 20, 2011
Boston Globe
by John E. Sununu  
Posted in Commentary, PND Commentary

"Panic is not a pretty thing. The Obama administration may not be there just yet, but a steady drumbeat of bad economic news pushes it closer every week. In Ohio the president talked about giving money to automakers, in North Carolina he talked about giving money to 'green' companies, and recently he proposed yet another payroll tax holiday. Call it the 'whirling dervish' approach to economic policy — frantically spinning from one constituency to another, dispensing subsidies, and hoping something works." (06/20/11)


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