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Obama's Economic-Policy Last Chance; Applying Business Sense to Government Can Get U.S. Back on Track

By: Johnson, Ron | The Washington Times (Washington, DC), August 30, 2011 | Article details

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Obama's Economic-Policy Last Chance; Applying Business Sense to Government Can Get U.S. Back on Track


Johnson, Ron, The Washington Times (Washington, DC)


Byline: Sen. Ron Johnson, SPECIAL TO THE WASHINGTON TIMES

When stock prices were plunging earlier this month, President Obama strode to the teleprompter and utterly failed to calm the markets or the American people. Sadly, they saw what I saw - and have come to exactly the same conclusion: Mr. Obama does not know what to do. He never did.

Since taking office in admittedly tough economic conditions, the president has taken America 180 degrees in the wrong direction. His failed $825-billion stimulus, Obamacare, Dodd-Frank and the explosion of his administration's other job-killing regulations have combined to put a stranglehold on our economy. Until these policies are reversed, the lack of confidence that dampens consumption, business investment and job …

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