3/05/2012

Ann Coulter gives brief summary about what is in my new book Debacle

Ann was debating MSNBC host Lawrence O’Donnell, and while she wasn't explicitly mentioning my book, she did write a blurb for the book and she pretty much summarized part of it here:

“That was a very good defense of a very bad economy. You can never run the same experiment twice and see what happened,” she said. “But there are comparisons to other recessions and this is the worst recovery — the unemployment rate has been higher and longer during the recovery than it was during the recession, which ended in mid-2009.”

“Also, the Obama administration economists, who have taken economics courses, they made their predictions for what the stimulus would do. And they certainly weren’t raising expectations. In fact, instead of getting the unemployment rate down, it had gone through the roof. It also something that can be looked at without having to run the experiment twice, that the stimulus money went to Democrats, friends of Democrats. It went to very high income states, not states that are suffering, not the states with the highest unemployment — but the states that voted for Obama.”

“And you have half-a-trillion dollars going to Solyndra and six members of the Obama administration going to work for Solyndra under a special loan taxpayers can never get back. I mean, we really do have crony capitalism that has hurt Americans while helping Democratic friends”

Coulter said to compare the U.S. economy and its Keynesian policies to Canada and its austerity policies to determine what course would have been the best. . . .

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