A recent letter to the local paper came up with a brilliant solution to all of the current economic problems. He wants to strengthen unions so that they can raise wages. Brilliant but there is a faster way. All that the Obama and his minions have to do is raise the minimum wage to $125 an hour. Everyone would then make at least $250,000 a year. Consumer spending would increase as they buy stuff with their new found wealth. The result would be manufacturing jobs and the deficit would disappear since everyone would be taxed. This guy probably bought Brooklyn Bridge last week.
It is economic idiocy like this that is driving President’s policy down the road to ruin and being cheered on by those who have no idea what they are talking about.