Obama has no vision: Krugman September 7, 2010Posted by hslu in Economics, Obama, Politics.
Tags: New York Times, Obama, Paul Krugman, prime rate, Reagan
You know Obama is in trouble when a hard left liberal such as New York Times Paul Krugman is on Sunday Talk show calling Obama “has had no vision.” No wonder Obama’s poll number has dropped like a rock. Even the liberals are publicly attacking him.
I was even more surprised to hear Krugman praising Reagan for leading the country down to a better path. As you might recall that when Reagan took office in 1981, the Prime rate was as high as 21.5% on December 19, 1980. With our first child coming, we had to buy a house and move out of the apartment. We almost bought a house in Carrollton with a 17% mortgage. We ended up assuming a FHA loan with a 13% interest rate. That was tough, believe me. Fortunately we had a conservative in the White House and the rest was history.