John T. Harvey — Obama's Bad Economic Policies vs. Romney's Disastrous Ones

Since I started this blog in April 2011, I have criticized President Obama on a number of occasions. In summary, his administration has come up far short of where they should be in terms of job creation. There is absolutely no reason whatsoever that unemployment should not now be 5 or 6% rather than the 8% at which we have hovered for the last year. He should have done much, much better.

This should not be taken, however, as an endorsement of the Romney/Ryan ticket. Far from it, the very errors made by Obama are embraced by the Republican ticket at the path to recovery. Those who understand the manner in which the economy operates are rightly terrified at the prospect of their election.

Forbes | Pragmatic Economics

Obama's Bad Economic Policies vs. Romney's Disastrous Ones
John T. Harvey | Professor of Economics, Texas Christian University