Wednesday, January 18, 2012

President Obama needs a few opposite days

Since early 2009 I have said that President Obama has pretty much done the opposite of what should have in terms of economic policy.  His own blue-ribbon panels agree with me.

President Obama's job council recommends drilling and new pipelines.  The Obama Administration says no to Keystone XL and drags its feet on drilling permits.

President Obama's commission on fiscal responsibility recommends personal income tax reform with sharply lower marginal rates and the elimination of most deductions.  President Obama proposes higher marginal tax rates with increases in targeted tax credits and deductions.

At least his commissions would make a good president for the economy.