Tuesday, April 9, 2013

A catalog of economic incompetence

Someday there will be an extremely long book that catalogues the stupendously wrong-headed economic policies pursued by President Obama.  In the meantime, Richard Epstein has a good summary.

As an aside, I can no longer say that every economic policy pursued by the administration is the opposite of what should be done. The president's modest proposal to trim social security payments by using a more-accurate inflation measure is perfectly sensible.  That said, I'm not sure it's a good idea.  But at least it's not the opposite of what should be done.