Obamanomics on Display

A panel on the American economy puts Obamanomics on display.


DENVER—Right now I am watching a panel on the American economy. There are no business people. No entrepreneurs. (What about the Google guys?) And it is hosted by free-trade critic Sen. Sherrod Brown of Ohio. They are answering video questions, and in one this "regular guy" asks what Obama is going to do for the middle class. Former (Bill) Clinton economic adviser Laura Tyson gives this answer: Obama will give you a $1000 tax credit and spend money on education and healthcare. No mention that we have the second highest corporate tax rate in the world. (That suppresses worker wages and job growth.) No mention that we face a $600 billion deficit next year. Strange.