Michael Boskin, Stanford University economics professor and former chair of the presidental Council of Economic Advisors writes in today’s Wall Street Journal. Click on the link for the full article:
It’s hard not to see the continued sell-off on Wall Street and the growing fear on Main Street as a product, at least in part, of the realization that our new president’s policies are designed to radically re-engineer the market-based U.S. economy, not just mitigate the recession and financial crisis.
When it comes to economic renewal and job growth, Obama should listen to America’s job creators and not government welfare activists. America needs tax and regulatory relief to revive the economy and compete internationally, not explosive debt, crippling taxes and bloated government.
And given what’s happened to conservative Rush Limbaugh and liberal Jim Cramer after publicly disagreeing with Obama, what are the odds Boskin is publicly attacked by the White House?