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overreaction

Obama, the Economy, and Overreaction...the Saga Continues

Donial Dastgir  —  Mar 22, 2009

While Liz continues on her analysis of international woes from a European perspective, I've decided the time is ripe to pipe up with some American vision about recent events.

Let's begin with an anecdote. Last Thursday, as many began to celebrate the start of spring break a bit early, I was holed up in my room writing papers (yes, plural) . As I typed, my roommate barged into my room to decry Obama's economic policy solutions. Claiming that they were destroying the banking system, he explained that there was a clause in the recovery plan (hire-American) that mandated all companies receiving government support hire only American employees. This has been at the cost of the jobs of many foreigners in the United States.

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