Thursday, July 15, 2010

Advice Based On Fallacy

Obama has called in Bill Clinton to get advice on the economy.  This is based on a common Democrat delusion that Clinton actually had something to do with the tech boom of the nineties.
Clinton, who presided over the 1990s economic boom, joined Obama at a closed-door White House meeting with business leaders to encourage job creation and investment, including in clean energy.
This is policy advice based on fallacious talking points.  The boom of that decade had more to do with the emergence of the web and the personal PC. Additionally it was the economic policies of the Gingrich Congress that took power in 1994 and turned the economy around because Clinton sucked so much in the first two years of his presidency.  Remember "It's the economy stupid"?

Obama should ask Gingrich in for economic advice.

No comments: