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Comment: I hate terms like "Obama

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I hate terms like "Obama

Submitted by g8989 on Fri, 02/01/2013 - 13:36.

I hate terms like "Obama recession" and "Bush's wars"

They imply that the other major party or candidate would have done something different and meaningful. Obama clearly likes war as much as Bush. Romney and his just-for-fun $2trillion in extra pentagon spending would have enjoyed perpetual debt as much as Obama.

Replacing one statist central planner with a different statist central planner does nothing. It is the central planning itself that is the problem.

That being said, I can't argue with the 15 reasons in the article, except that I think they will lead to a global depression rather than a mere recession.