Edward Conard

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Did Pres. Obama Revive Elkhart, Indiana? I’m Skeptical

A friend, Tom Myers, wrote this email to me:

“Did you see President Obama taking a victory lap in Elkhart, Indiana the other day? How ironic. Thirty percent of the jobs in Elkhart are related to RVs. RVs have benefited from three things: Cheap oil as a result of fracking, which the president opposed; An increase in retiring Baby boomers, which is straining America’s finances; And near-zero interest rates that diminish the value of saving. President Obama’s policies didn’t revive Elkhart any more than they revived coal country. If he wants to take credit for a revival, he should go to a town in China where they make photo-voltaic cells that contractors are now installing all over America.”

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