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Line 3: − [[File:4135523219 e140763872 o.jpg|thumbnail|425px|A new study demonstrates Obama currently has dramatically fewer advisors who’ve made their living via the private sector than any other [[America]]n President in the last 108 years — since the turn of the 20th century when the business of America became business.<ref>http://www.redstate.com/erick/2009/12/01/obamas-achilles-heel/</ref><ref>http://blog.american.com/?p=7572</ref>]] +
History of the Democrat party under Barack Obama (view source)
Revision as of 23:20, May 5, 2014
, 23:20, May 5, 2014no edit summary
[[Wall Street]] firms and banks that were bailed out were among Obama's biggest campaign supporters.<ref>http://www.opensecrets.org/pres08/contrib.php?cycle=2008&cid=N00009638</ref> Therefore, the Obama administration bailouts of corrupt, unproductive, and reckless Wall Street firms was hardly surprising, although it certainly was not helpful in making the United States economy more productive and prosperous. A 2005 study found that government corporate bailouts are often done for mere political considerations and the economic resources allocated exhibit significantly worse economic performance than resources that are invested using purely business considerations.<ref>http://papers.ssrn.com/sol3/papers.cfm?abstract_id=676905</ref>
[[Wall Street]] firms and banks that were bailed out were among Obama's biggest campaign supporters.<ref>http://www.opensecrets.org/pres08/contrib.php?cycle=2008&cid=N00009638</ref> Therefore, the Obama administration bailouts of corrupt, unproductive, and reckless Wall Street firms was hardly surprising, although it certainly was not helpful in making the United States economy more productive and prosperous. A 2005 study found that government corporate bailouts are often done for mere political considerations and the economic resources allocated exhibit significantly worse economic performance than resources that are invested using purely business considerations.<ref>http://papers.ssrn.com/sol3/papers.cfm?abstract_id=676905</ref>
==Economic policy==
==Economic policy==
=== Massive deficits ===
=== Massive deficits ===