Changes

Immediately after entering office, Obama was faced with a recession - one of the most severe since the [[Great Depression]]. By and large, his economic policies to combat the recession have, to date, ranged from ineffective to counterproductive.<ref>"The vast majority (73%) of respondents reported the fiscal stimulus enacted in February 2009 has had no impact on employment to date. While 68% also believe a jobs bill, such as the one recently enacted into law, will have no impact on payrolls, 30% do believe it will boost payrolls moderately". ''Industry Survey'', National Association for Business Economics, April 2010, [http://www.nabe.com/press/ind1004.pdf p. 2 pdf].</ref> Also on the domestic front, Obama passed a major [[health care]] bill in 2009 with no [[bipartisan]] support and 34 Democrats dissenting. In foreign policy Obama has escalated the [[Afghanistan War]] and, against his own Defense Secretary's advice, [[Libyan uprising 2011|attacked Libya]] - a possible violation of the [[War Powers Act]]. On May 1st 2011 he announced that the United States had killed [[September 11th]] mastermind and terrorist [[Osama bin Laden]] in [[Pakistan]], perhaps at the cost of the United States's alliance with Pakistan.

Immediately after entering office, Obama was faced with a recession - one of the most severe since the [[Great Depression]]. By and large, his economic policies to combat the recession have, to date, ranged from ineffective to counterproductive.<ref>"The vast majority (73%) of respondents reported the fiscal stimulus enacted in February 2009 has had no impact on employment to date. While 68% also believe a jobs bill, such as the one recently enacted into law, will have no impact on payrolls, 30% do believe it will boost payrolls moderately". ''Industry Survey'', National Association for Business Economics, April 2010, [http://www.nabe.com/press/ind1004.pdf p. 2 pdf].</ref> Also on the domestic front, Obama passed a major [[health care]] bill in 2009 with no [[bipartisan]] support and 34 Democrats dissenting. In foreign policy Obama has escalated the [[Afghanistan War]] and, against his own Defense Secretary's advice, [[Libyan uprising 2011|attacked Libya]] - a possible violation of the [[War Powers Act]]. On May 1st 2011 he announced that the United States had killed [[September 11th]] mastermind and terrorist [[Osama bin Laden]] in [[Pakistan]], perhaps at the cost of the United States's alliance with Pakistan.

It is ironic that [[liberal]]s such as [[Barack Obama]] advocate [[Keynesian Economics|Keynesian economic concepts]] since the incompetent [[British]] [[economics|economist]] and [[John Maynard Keynes and pederasty|pedophile]] [[John Maynard Keynes]] advocated having governments run [[budget surplus|budget surpluses]] during good economic times.<ref>EK Brown-Collie and Bruce E. Collier, What Keynes really said about deficit spending, Journal of Post Keynesian Economics, Vol. 17, No. 3, Spring, 1995</ref>

It is ironic that [[liberal]]s such as [[Barack Obama]] advocate [[Keynesian Economics|Keynesian economic concepts]] since the [[British]] [[economics|economist]] and [[John Maynard Keynes and [[John Maynard Keynes]] advocated having governments run [[budget surplus|budget surpluses]] during good economic times.<ref>EK Brown-Collie and Bruce E. Collier, What Keynes really said about deficit spending, Journal of Post Keynesian Economics, Vol. 17, No. 3, Spring, 1995</ref>

In addition, Keynes advocated that governments should increase government spending during difficult times and even engage in [[deficit spending]].<ref>   

In addition, Keynes advocated that governments should increase government spending during difficult times and even engage in [[deficit spending]].<ref>   

*[http://www.keynesatharvard.org/book/KeynesatHarvard-ch09.html KEYNES AT HARVARD Economic Deception as a Political Credo BY ZYGMUND DOBBS]

*[http://www.keynesatharvard.org/book/KeynesatHarvard-ch09.html KEYNES AT HARVARD Economic Deception as a Political Credo BY ZYGMUND DOBBS]