Monday, March 16, 2009

Obama’s Fearmongering Has Damaged The Economy

By John R. Lott, Jr.
Author, Freedomnomics/Senior Research Scientist, University of Maryland

"Fear has scared consumers into changing their spending decisions. Businesses that would have gotten money from those consumers have had to change their plans and cut back on employment. The increase in unemployment is temporary as the money hasn’t disappeared, but simply gone to other places and it takes time to move jobs around."

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