Obama May Be Hoover Instead of FDR

James Piereson, Weekly StandardThe disappointing employment report made public on July 8 provided fresh evidence that economic growth is slowing and the state of the economy will be the central issue in next year’s presidential election. As if in anticipation of the jobs report, David Plouffe, senior political adviser to President Obama, said shortly before the bad news was released, “The average American does not view the economy through the prism of GDP or unemployment rates or even monthly jobs numbers. People won’t vote based on the unemployment rate; they’re going to vote...

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