Thread: OBAMA'S TOUR OF DENIAL AND BLAME

Morning Bell: Obama’s Tour of Denial and Blame

Mike Brownfield
August 16, 2011 at 7:42 am

It’s being billed as a listening tour—a three-state journey across the Midwest where President Barack Obama will hear directly from Americans about the economy and talk about his ideas for job growth. Instead, though, it has the characteristics of a political campaign swing, and the rhetoric the President has brought along for the ride is marked by a desperate effort to blame someone other than himself for America’s economic woes.

The President’s tour began yesterday in Cannon Falls, Minnesota, where in one breath he pointed his finger at Washington’s broken politics and in the next he blamed “a string of bad luck … a bunch of things taking place over the last six months that were not within our control.â€

Keynesian Economics

What Does Keynesian Economics Mean?
An economic theory stating that active government intervention in the marketplace and monetary policy is the best method of ensuring economic growth and stability.