Political strategist James Carvel coined the phrase, ‘Its the economy, stupid” almost 20 years ago. Yet it still rings true today as economic issues are dominating the November election campaigns. While some politicians argue that President Obama’s economic policies have furthered the recession, others emphasize the inherited nature of many of those same problems. 89.1 WUFT-FM’s Dan Katz spoke with University of Florida economist Dave Denslow about the impact of the Obama administration’s economic policies, the role of the federal reserve, and China’s economic influence on the United States.[audio:http://www.wuft.org/media/audio/FPDenslowQandA.mp3]
Despite the help from countries around the world, the U.S. this week hit a rate of 73% of stores being out-of-stock on baby formula.