In response to:

What a Difference 50 Years Makes

man of steel Wrote: Feb 15, 2013 8:43 PM
C'mon, you don't really think that Obama needs to understand economics, do you? He is only the president of the United States. True, he could've had the brightest minds in the country to assist him, but geesh, he has so many more important things to do than to understand how our economy works. Give the guy a break!

President Obama opened his State of the Union address with a quote from President John F. Kennedy: “the Constitution makes us not rivals for power but partners for progress.” But Obama’s speech that followed and the agenda it advocated indicate he failed to study JFK’s famous 1963 State of the Union and its ambitious program of tax cuts and tax reform that successfully shifted the U.S. economy into high gear.

“The mere absence of recession is not growth,” Kennedy said. Words that ring even more true now, with the U.S. economy mired in the weakest recovery of the post-war era. Obama’s...