Day: June 29, 2010

Losing Touch with Reality

I was watching  a news program last evening in which the economist made a rather bold pronouncement: President Obama has lost touch with reality when it comes to economics, he said. The president has no understanding at all of how the economy works. I’ve believed that all along, but it was rather refreshing to hear someone say it out loud to a few million viewers. What sparked that comment was the recently ended G8/G20 Summit of industrialized nations. As all… Read more »