Dorgan: Obama Didn’t Spend Enough Time On The Economy?
But Dorgan, a member of the Senate Democratic leadership, said creating jobs should have been the top priority for the president last year.
“My feeling is that, a year ago, the issue should have been all economy all the time and all about jobs all the time,” Dorgan said. “While I think health care is very important — it’s a significant part of our economy — I think what takes precedence over that is the American people seeing their government deciding job one is to try to repair this economy and put people back to work.”
The Obama administration pushed through a $787 billion “stimulus” spending spree that was supposedly all about jobs. The federal government nationalized two car companies under the guise of saving jobs. The federal government bought hundreds of thousands of “clunkers” under the guise of saving jobs.
TARP, and all the bank bailouts and nationalizations, was “economic rescue.”
And Dorgan us telling us Obama didn’t do enough? What should he have done? Put all the unemployed people on the federal payroll? Nationalize all the banks?
The problem with Obama’s economic policies is that they don’t work. Because they’re based on a flawed economic philosophy. The problem isn’t that he didn’t do enough.
