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“President Obama needs to stop picking winners and losers”

Published 9 Dec, 2009 23:13 | Updated 27 Dec, 2009 17:34

We aren’t letting failed enterprises fail and are not letting the free market work its way. Bush did it, and now Obama is doing it. He is picking winners and losers, US author Timothy Carney told RT.

Carney says it is corporations, not consumers, who are profiting from Barack Obama’s economic policies.

Timothy Carney’s book “Obamanomics” claims the US president is trying to bring corporate socialism to America.

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