Saturday, April 10, 2010

Obamanomics Is Working

"When you take it all together, the response was massive, unprecedented, and ultimately successful," says Mark Zandi, chief economist at Moody's Economy.com (MCO). Even Obama critics like Phil Swagel, assistant Treasury secretary for economic policy under George W. Bush, acknowledge that White House policies have been successful. "They could have done a better job" by spending more of the stimulus on corporate tax cuts to boost hiring and investment, says Swagel, now an economics professor at Georgetown University's McDonough School of Business.

"But their economic policies, including the stimulus, have helped move the economy in the right direction."
Obamanomics is working. You don't need a poll to know, just look at the markets.

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