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Thursday, December 3, 2009

Washington Times Review of Obamanomics

AG Gancarski reviews Obamanomics in the Washington Times:
And the biggest companies with the most lobbyists reap the benefits. This trend holds true for many sectors of the economy - big pharma, the insurance industry, king coal, big tobacco, the auto industry, agribusiness, the securities industry and so on - even as average Americans grapple with the realities of a deteriorating dollar, double-digit credit card interest rates, and houses with mortgages as underwater as a sunken ship. So it is that companies such as General Motors Corp., clinging to fiat bailout cash to survive, nonetheless kept their lobbyists employed even while pleading penury.

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