Obamanomics: A Legacy of Wasteful Spending

| October 31 2012
Christopher Cook

This mini-documentary from the Center for Freedom and Prosperity Foundation highlights egregious examples of wasteful spending from the so-called stimulus legislation and explains why government spending hurts economic performance.

**Links to additional reading material**

Thomas Sowell, “Stimulus or Sedative?”
http://www.realclearpolitics.com/articles/2010/03/09/stimulus_or_sedative_104…

Veronique de Rugy, “Green Energy Loans: Beyond the Solyndra Drama,”
http://www.nationalreview.com/corner/303787/green-energy-loans-beyond-solyndr…

CF&P Economic Lessons Video, “Keynesian Economics is Wrong: Bigger Gov’t Is Not Stimulus,”
http://freedomandprosperity.org/2008/videos/keynesian-economics-is-wrong-bigg…

Doug Bandow, “Federal Spending: Killing the Economy with Government Stimulus,”
http://www.cato.org/publications/commentary/federal-spending-killing-economy-…

Dan Mitchell, “Spending Is Not Stimulus: Bigger Government Did Not Work for bush, and It Will Not Work for Obama,”
http://www.cato.org/pubs/tbb/tbb_0209-53.pdf

CF&P Economic Lessons Video, “Obamas So-Called Stimulus: Good For Government, Bad For the Economy,”
http://freedomandprosperity.org/2009/videos/obamas-so-called-stimulus-good-fo…

Nicolas Loris, “Department of Energy Budget Cuts: Time to End the Hidden Green Stimulus,”
http://www.heritage.org/research/reports/2012/03/department-of-energy-budget-…

Jim Powell, “How Obama’s Last Stimulus Bill Became a Comedy of Errors,”
http://www.cato.org/publications/commentary/how-obamas-last-stimulus-bill-bec…

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