Tag Archives: Keynesian economics

Obama, Democrats Misjudged Mandate

BY DAVID WINSTON

Reprinted from Roll Call

 “I won.”

Those were President Barack Obama’s pointed words to Republican Congressional leaders when they challenged his proposed stimulus package in a White House meeting held just three days after his swearing-in. As he was to do for the next 20 months, Obama ignored GOP concerns and went on to cram a nearly trillion-dollar stimulus package through Congress, promising unemployment would not go above 8 percent.

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