Pres Obama explains trickle down economics

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Uploaded by on Apr 26, 2010

Pres Obama explains trickle down economics to Wall Street bankers

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News & Politics

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  • Obama doesn't know what he is talking about. An idiot could have told me that.

    If he was such an economic genius, then he would understand the effects of stimulus packages and the "crowding out effect". When government uses stimulus money, they halt investments on whatever they are "stimulating" and literally crowd out investors. This is why the economic recovery has been minimal.

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