Nobel laureate James Buchanan: “Barack Obama is committing the same mistakes made by policymakers during the Great Depression”

At this point, you almost have to ask, “Is Obama trying to destroy our economy and our nation intentionally?” Or is he really this obtuse?

His policies even have the potential to consign the US to a similar fate as Argentina, which suffered a painful and humiliating slide from first to Third World status last century, the paper says.

There are “troubling similarities” between the US President’s actions since taking office and those which in the 1930s sent the US and much of the world spiraling into the worst economic collapse in recorded history, says the new pamphlet, published by the Institute of Economic Affairs.

Go read the entire thing, and then be afraid. Be very, very afraid.