Pres. Obama's first year and a half in office were marked by a consistent anti-business agenda. With the economy still in shambles, the LA Times reports that Obama is considering some new approaches:The president is expected to use a speech in Cleveland on Wednesday to outline a series of measures to kick-start the economy, which could include extending research and development tax credits for business, increasing spending on highways and other public works projects, and retaining the middle-class portion of the Bush administration tax cuts that are set to expire at the end of the year. [Emph. added]Do these business and consumer friendly items represent a new understanding of economics on Obama's part or is this merely an election year ploy to deceive the electorate before he returns to the old ideas?
PREVIOUSLY on the subject of Obamanomics and how it differs from economics:
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•Obamacare endangers student health
•Why business isn't hiring
•Dodd-Frank finance "reform" bill stops bond market cold
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•Study: Liberals are economically illiterate
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•HHS says Obamacare will cause costs to go up and cause employers to drop coverage
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