The Great Debate
By Nicholas Wapshott
The opinions expressed are his own.
It’s still the economy, stupid. So if Obama wants to keep his job – and we must assume he does, though he doesn’t seem to be enjoying himself much — he must boost the economy and get the jobless back to work. No president since 1948 has been elected with a jobless figure higher than 7.2 per cent, so with unemployment currently running at 9.1 per cent, he looks headed for certain defeat.
The following is a guest post by Bruce Yandle, distinguished adjunct professor of economics with the Mercatus Center at George Mason University and dean emeritus of the College of Business & Behavioral Science at Clemson University. The opinions expressed here are his own.
– Daniela Drake, M.D., attended Wellesley College and received an MBA from Stanford University. She, along with Elizabeth Ford, authored the book “Smart Girls Marry Money.” A former McKinsey consultant, she is now a full-time primary care physician. Drake married (for love) and has reaped the consequences. The views expressed are her own. –