Does Obama Realize Government Is Not A Business?
Published in The Tennessean , Sunday, August 19, 2012 and Forbes with archives by Richard J. Grant President Barack Obama is apparently something of a contrarian investor: He likes to invest against the market consensus. Unfortunately for us, however, he tends to bring a somewhat regal attitude to his work and, when “investing” our money, has exhibited a reverse Midas touch. In this, he has already distinguished himself from his chief rival for the presidency, Gov. Mitt Romney. Perhaps it is not a fair comparison. Government is not a business and cannot be run as if it were. But what the president needs to ...keep reading Richard J. Grant is a Professor of Finance and Economics at Lipscomb University and a Senior Fellow at the Beacon Center of Tennessee . His column appears on Sundays. E-mail messages received at: rjg@richardjgrant.com Follow me on Twitter @RichardJGrant1 Copyright © Richard J Grant 2012