4 Ways Barack Obama And The Federal Reserve Are Destroying Our Long-Term Economic Future For Their Short-Term Gain
Many people have been stumped as they have attempted to find a coherent theme in Barack Obama’s economic policies. But the truth is that what the Obama administration is trying to do is not that difficult to figure out. Just like so many other previous administrations, the Obama administration is motivated by self-preservation. All of Barack Obama’s economic policies are designed to produce a short-term economic burst that will help him win the next election in 2012, and the Federal Reserve has been cooperating every step of the way. Perhaps the Federal Reserve is motivated by self-preservation as well. The American people are becoming extremely disenfranchised with the Federal Reserve, and so those inside the Fed likely realize that they better get the economy on track or face even more scrutiny. In any event, Obama and the Fed are working together to do whatever they can to improve the short-term economic situation. Unfortunately, everything that they are doing is making our long-term economic problems even worse. But Barack Obama and the Federal Reserve are not really concerned with what is going to happen down the road. What the Obama administration and the Federal Reserve are concerned about is protecting their rear ends in the here and now.
So exactly what are some of the things that Barack Obama and the Federal Reserve have been doing that are boosting the economy in the short-term but that are destructive to our economy in the long-term?
Well, the following are just a few examples….