|Photo courtesy of the Associated Press. President Obama on Thursday, April 2, 2015 in the Rose Garden at the White House.|
Good job Mr. President!
Now, all we have to do is remain vigilant against possible Republican efforts to repeal the deal.
And while this is an unarguably good thing, we must realize that the Obama administration is still economically Keynesian, and we will always be in the economic doldrums until those Keynesian policies are reversed.
Click here to read David Stockman's April review of the deal.
[Editor's Note: August 4, 2015 Update] David Stockman again weighs in on the deal. He nearly says what I say above in the last paragraph:
I have rarely found anything President Obama has done to be praiseworthy, and believe his domestic policies of Keynesian borrow and spend and incessant statist intervention in capitalist enterprise to be especially deplorable. But finally he has stood up to the War Party——and that could mark a decisive turning point in rolling back Washington’s destructive interventionism and imperial pretensions in the Middle East and, indeed, around the world.
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