President Obama has been touted by friends and family as the smartest man ever to sit in the White House. Perhaps. Yet he surely is the slowest learner to gain the presidency and probably the most intellectually inflexible. Obama is not only presiding over the most sluggish economic recovery in 80 years, but the economic future looks even worse. In May, a woefully small number of jobs were created, the unemployment rate rose to 8.2 percent, and the rate of growth in the first quarter of 2012 was shaved from 2.2 percent to 1.9 percent. Meanwhile, the Congressional Budget Office warned that if Obama leaves his economic program in place, a recession in 2013 is all but certain.
His response? Let’s do more of the same
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