Obama embraces regime uncertainty

From the Washington Post (HT: David Bieler):


At a town hall meeting near Philadelphia on Wednesday, President Obama warned that the uncertainty of a shutdown could slow the economic recovery.


"Companies don't like uncertainty, and if they start seeing that suddenly we may have a shutdown of our government, that could halt momentum right when we need to build it up — all because of politics," Obama said.


Great point, Mr. President. Maybe massive unspecified changes in the regulation of the health and financial sectors wasn't such a good idea in the middle of a recession.


Update: They're making some progress (HT: Drudge) actually filling in some of the details of the health care regulation. It's a little complicated.



 •  0 comments  •  flag
Share on Twitter
Published on April 08, 2011 07:10
No comments have been added yet.


Russell Roberts's Blog

Russell Roberts
Russell Roberts isn't a Goodreads Author (yet), but they do have a blog, so here are some recent posts imported from their feed.
Follow Russell Roberts's blog with rss.