In a recent commentary: The Wall Street Journal: Obama's Economic Fish Stories , by Mr Michael Boskin: (Professor of Economics at Stanford, and held a position in the Council of Economic Advisers under George H. W. Bush) he criticizes not just President Obama's Stimulus and it's effects, but is rather more upset that the President has exaggerated and over-credited his policies.
Obviously seeing that Mr. Boskin served under President Bush he would favor more of his policies as opposed to President Obama's however his commentary focuses only half on the failure of the Stimulus Bill and the other half on how the President's public statements are not matching up to the real facts. Some of these facts that contradict his statements are made by his own economic advisors. Mr Boskin argues two things: the first being that President Obama needs to be a little more careful about making statements claiming the all-around success of his Bill and boasting it far beyond it's abilities. Suggesting that if he does not he will take his place among some of the infamous lines that Presidents have said regarding economics that have severely discredited them such as Carter and Nixon.
Secondly towards the end of his argument he suggests that the president ought to further Bush's tax cuts if he issues a second Stimulus Bill and that he should alter where is his spending is aimed. Mr, Boskin does not limit his evidence to his own judgement but rather cites President Obama's own words and compares them to his economic advisor, and other advisors to find the faults within them.
While this is a commentary and is aimed at readers to better inform them and sway them in his direction of politics, he makes suggestions about what President Obama should do in hopes that the people will be convinced of his argument and demand it from him too. Rather than simply criticizing the President he has offered an alternative as to how to help save his credibility and turn the economy around even more successfully.
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