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Echoes and Mirrors» Blog Archive » I’m getting a kick out of this

I’m getting a kick out of this

Hey, what happened to all that hope?

Americans fall into two distinct categories today: those who remember how devastating the policies of Jimmy Carter were, and those who are about to find out.

Sadly, the Obama administration inherited a mess – much of which is his party’s doing and much of which is due to Congress’ ineptitude. To the degree Obama lets the Pelosi nut-job wing of the Democratic Party lead legislation on this financial crisis, he will be doing us a great disservice.

Obama and his media Mini-Me’s have spent an inordinate amount of time disparaging the state of the economy and blaming the free market for its condition, thus ensuring they will receive the credit for any recovery. Market downturns, unemployment, inflation and the like can be attributed to residual affects of the flawed laissez-faire system. Or so goes their thinking. Successes, on the other hand, will be whatever they do.

Jimmy Carter wasn’t really that bad of a president – some of his policies are going to bite us in the ass though.

There were at least two presidents worse than Carter.

FDR’s New Deal was the worst thing that ever happened to this country, the WPA being the single exception being that the country got some much needed infrastructure and people were paid to work, not to find work.

Richard Nixon removing the gold-standard from our currency was perhaps, the single worst idea in US history. I suspect nearly every recession we’ve had since then could have been avoided if he had not done it.

Maybe I’ll finally get around to creating a detailed profile on each president and their positive/negative impact in a libertarian sense, but that won’t happen until at least July. I have too much on my plate right now. It’s a miracle (and something close to obsession) that I manage to keep this updated as much as I do.

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