2/10/2009

OBAMA CLAIMS THAT NO ECONOMIST DISAGREES WITH HIS STIMULUS PLAN

Thanks to the Cato Institute for putting together a statement that disputes Obama's claim that "everyone agrees" with his (Obama's) stimulus plan...

The American Spectator reports: Obama and other Democrats have repeatedly invoked the idea of an expert consensus in favor of the Pelosi plan. In his Jan. 3 weekly radio address as president-elect, Obama said that "economists from across the political spectrum agree" in support of the plan, and in a Jan. 9 press conference, he declared: "There is no disagreement that we need action by our government -- a recovery plan that will help to jump-start the economy."

Tired of hearing this insipid "everybody agrees" argument, the libertarian
Cato Institute produced an open-letter response ad (pdf) featuring the bold headline: "With all due respect, Mr. President, that's not true." The open letter has now been signed by more than 200 economists, and I overheard a top Cato official last week tell a supporter that the institute plans to continue its ad campaign against the phony Keynesian consensus. (my emphasis)

Obama and his handlers are doing a good job of trying to brainwash the American public into buying his socialist, nanny-government programs...we need to keep digging and objecting...probably every day for the next four years...but I know we are up to it!

DR