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What happens when the president doesn’t understand economics? (access required)

by Raymond Keating

Published: July 1,2011

Time posted: 8:52 am

Tags: Economics, jobs council, Keating, Obama

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In an NBC “Today Show” interview on June 14, President Barack Obama revealed a stunning degree of ignorance as to how the economy works. Talking about his jobs council and the high level of unemployment, the President declared, “The other thing that happened though, and this goes to the point you were just making, is there’s ...





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