Monday, December 12, 2011

Video: Why Obama's Stimulus Failed

If you've been wondering why Obama's stimulus was a miserable failure, you need to see this video:





As economist Veronique de Rugy says at the end of the video, “The main lesson of the stimulus is creating jobs is a very complex process and, certainly, it can’t be directed by a top-down institution that pretty much fails at everything it does.” Bingo.

Source: HotAir