Jiesi Zhao, Director of Young America’s Foundation’s Center for Entrepreneurship and Free Enterprise, has decried President Obama for what she views as the president’s lack of understanding of free market forces.
“Over the course of Obama’s presidency, his administration has demonstrated a misunderstanding of basic free market economics,” Ms. Zhao said, “and it is impacting all Americans, but especially young Americans, in increasingly unacceptable ways.”
The YAF is a grass-roots organization dedicated to fostering and promoting conservative economic principals among America’s young adults.
“This recent current financial turmoil is more evidence” of the president’s being adrift on the economy, said Ms. Zhao, a 2014 graduate of the University of Michigan Law School.
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