the downside of obamanomics February 27, 2008Posted by AP in 2008 Elections, econ, news, politics.
Tags: economics, greg mankiw, minimum wage, obama, patriot employer act, protectionism
hint: most acts with the word “patriot” in them are a bad idea.
Much of the US infrastructure is old and inadequate following decades of bipartisan neglect; it serves as an obstacle to the ability of the United States to respond and adapt to change. The quality of primary and secondary education in the US has fallen behind the level provided by most other industrial countries and is even threatened to be eclipsed by levels in quite a number of emerging market nations.