Academic

MICHAEL BARONE: Obama?s Antique Vision of Technological Progress. ?If you put together Obama?s res?

By Glenn Reynolds

MICHAEL BARONE: Obama’s Antique Vision of Technological Progress. “If you put together Obama’s resistance to just about any serious changes in entitlement spending with his antique vision of technological progress, what you see is an America where the public sector permanently consumes a larger part of the economy than in the past and squanders the proceeds on white elephants like faux high-speed rail lines and political payoffs to the teacher and other public-sector unions. Private-sector innovation gets squeezed out by regulations like the Obama FCC’s net neutrality rules. It’s a plan for a static rather than dynamic economy.”

Full post as published by Instapundit.com on February 02, 2011 (boomark / email).