Obama's NEP - Updated & Bumped

Ah, history repeats itself.

From CNN: Obama to lay out new economic plan Wednesday

(CNN) -- With less than two months to go until a critical midterm election likely to turn on the economy, President Obama this week will lay out a new plan that includes a proposal to extend a tax cut popular with the business community, according to an administration official.

Whoops. CNN shows its hand. So Obama's New Economic Plan, or NEP, is only about the upcoming elections. Can we look back in time and find a president who selected policy for the good of the country rather than an upcoming election? We count about 41...

From Wikipedia on Lenin's New Economic Policy:

The New Economic Policy (NEP) replaced the policies of War Communism which attempted to obliterate any signs of the market economy in the Soviet Union. War Communism’s policies had made a damaged Soviet economy even worse and thus there was a dire need for reform. While it went against Marxist theory, the best solution seemed to be limited commercialism in the form of the NEP.

Our re-write for the future Wikipedia page: Obama's NEP

The New Economic Policy (NEP) replaced the policies of Democrat Socialism which attempted to obliterate any signs of the market economy in the United States. Democrat Socialism’s policies had made a damaged American economy even worse and thus there was a dire need for reform. While it went against Marxist theory, the best solution seemed to be limited commercialism in the form of the NEP.

But don't call Obama a Socialist, Marxist, or Communist. Name calling only lowers the political discourse and distract from the problem-solving efforts of our elected officials.

BTW - Still FREE shipping for our Commie Obama hats and Leninade drinks!

UPDATED & BUMPED We expanded on this theme in an article.