Obama's Billions: Afshin Rattansi & Fmr. Asst. Treasury Sec. on "Morons"

How Obama's Stimulus package will lead to nuclear war.

Paul Craig Roberts is the John M. Olin Fellow at the Institute for Political Economy, Senior Research Fellow at the Hoover Institution, Stanford University, and Research Fellow at the Independent Institute. A former editor and columnist for The Wall Street Journal and columnist for Business Week and Distinguished Fellow at the Cato Institute from 1993 to 1996. From 1982 through 1993, he held the William E. Simon Chair in Political Economy at the Center for Strategic and International Studies. During 1981-82 he served as Assistant Secretary of the Treasury for Economic Policy. President Reagan and Treasury Secretary Regan credited him with a major role in the Economic Recovery Tax Act of 1981, and he was awarded the Treasury Departments Meritorious Service Award for "his outstanding contributions to the formulation of United States economic policy." From 1975 to 1978, Dr. Roberts served on the congressional staff where he drafted the Kemp-Roth bill and played a leading role in developing bipartisan support for a supply-side economic policy.

In 1987 the French government recognized him as "the artisan of a renewal in economic science and policy after half a century of state interventionism" and inducted him into the Legion of Honor.

Category:

News & Politics

Tags:

• Obama
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• Stimulus
• Package
• Summers
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• Iran
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[suki2011]

thank you for bringing Paul Craig Roberts on the show you should bring him more often

[odin422]

Great upload! BETTER title.

[therealcaptobvious]

What's annoying about this mess is that everyone's "understanding" of the economic crisis is purely politically biased. Obama can't "save" the economy with a stimulus, at best its a bandaid. More needs to be done.

[uea978]

"The U.S. Economy is imploding"

[uea978]

actually he is interviewed quite often here. sometimes i'm afraid about mr roberts safety. maybe some people would like to see him "suicided". i hope that never happens.

[therealcaptobvious]

PCR is on the money. The problem isn't credit, it's that never ending deficit.

[panam77]

PCR hit it on the head when he said they know no limits, the Senate knows no limits, financially or militarily.