https://hotair.com/headlines/archives/2011/06/15/the-way-obamas-going-carter-ii-is-a-best-case-scenario/feed/HotAir is the leading conservative blog for breaking news and commentary covering the Biden administration, politics, media, culture, and current elections.en-usThu, 11 Jun 2026 09:27:51 -0400<![CDATA[The Great Recession is not as crushing as the Great Depression, but President Obama’s problems in the face of economic turmoil are beginning to look Hooveresque. The stimulus program on which he hung his hat may, as its friends argue, have prevented an even worse economic debacle. Clearly, however, the $800 billion plus stimulus failed to jump-start an economic recovery. Many of the administration’s pet stimulus programs have joined Jerry Ford’s “Whip Inflation Now” buttons on the junkpile of history: green jobs, cash for clunkers, debt relief for homeowners, and now, by the President’s own admission, ‘shovel-ready’ infrastructure projects.]]>Wed, 15 Jun 2011 22:10:12 -0400<![CDATA[Allahpundit]]>https://hotair.com/headlines/2011/06/15/the-way-obamas-going-carter-ii-is-a-best-case-scenario-n84053