Obama Embraces The New Deal

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Obama is calling for more economic interventions, which is not a surprise given that politicians today have embraced the state’s social engineering machinery. That said, every so often we hear of a proposal whose name itself reminds us of terrible things. One of those is Obama’s “National Infrastructure Reinvestment Bank” that would create millions of jobs and invest billions of dollars. Nothing like good old fashioned socialism.

7:25 am on February 14, 2008