Thursday, January 29, 2009

With all due respect Mr. President, that is not true.

President Obama says that "economists from across the political spectrum agree" on the need for massive government spending to stimulate the economy. In fact, many economists disagree. Hundreds of them, including Nobel laureates and other prominent scholars, have signed a statement that the Cato Institute has placed in major newspapers across the United States. To read the text of the ad and see the list of economist who signed it, visit this link: Mr. President that is not true.

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