This article originally appeared at The Federalist. Click here to read the full article.
By Ike Brannon
Nothing attests to the desperation the Obama administration faces in finding an economic meme to their liking than their claim that the recent uptick in corporate inversions represents a crisis. Exhibit One in this manufactured crisis is Treasury Secretary Jacob Lew’s letter to the chair and ranking members of the tax-writing committees, asking them to immediately address the scourge of corporate inversions, while labeling companies that do such as thing as unpatriotic.