There seems to be a lot of comparisons being made these days between Nixon and Obama. Here’s one I haven’t heard anyone else make. Both Nixon and Obama had one and only one, what I would call, good policy accomplishment during their time in office (admittedly Obama has a few years left but I don’t have hopes for more than this one.) For Nixon it was abolishing the draft and for Obama it was is the sequester. The big difference is that Nixon never walked away from his decision.
by Dr. Roy Cordato
Senior Economist Emeritus