Reason.com
New at Reason: A. Barton Hinkle on Obama’s Great Depression
Barack Obama has joined George
W. Bush in a dubious category, observes A. Barton Hinkle. They are
the only two presidents besides Herbert Hoover to see the number of
job-holding Americans decline on their watch. And as Hinkle notes,
Obama’s parallels with Hoover don't end there. Just like Hoover’s
massive government intervention did not end the Great Depression,
Obama’s outlays over the past three years have not cured the
country’s economic woes.
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