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Obamanomics: Trickle-down or ‘Bottom-up’?

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“I ran for President to restore that basic bargain,” President Obama said the other day, “that our economy works best not from the top-down, but from the middle-out.” It’s not the first time Obama declared himself opposed to “top-down” stuff. In 2007, Obama and his advisor/fundraiser/donor Eric Schmidt, then the CEO of Google, palled around at Google where the Senator...