Obamanomics Vs. Reaganomics

Peter Ferrara recently wrote an excellent article in the Wall Street Journal contrasting Reagan’s and Obama’s economic policies. If you are too lazy to read the entire article, then Matt Perman has a great summary. Here is one of the conclusions:

• What is the current result of Obama’s plan?

• This is why America seems so hopeless right now, and so depressed. We are stuck going in exactly the wrong direction on economic policy because of currently dominant ideological fashions.