February 5, 2009

Obama: 16 Days, And He’s Already at Malaise

Filed under: Economy,Taxes & Government — Tom @ 11:32 pm

From our president’s opinion piece today in the Washington Post (covered at Yahoo by AP):

“This recession might linger for years. Our economy will lose 5 million more jobs. Unemployment will approach double digits. Our nation will sink deeper into a crisis that, at some point, we may not be able to reverse,” Obama wrote in the newspaper piece titled, “The Action Americans Need.”

….. unless we pass his party’s mislabeled “stimulus.”

He has put the no-confidence game he has been playing on steroids. He has no belief that the American economy can recover without Washington doing the spending. And even that will take years.

The evidence against this bill being anything but a pork-laden monstrosity is overwhelming.

Sixteen days into this administration, broken promises litter the floor. Just a few:
- There will by no earmarks.
- There will be no lobbyists.
- Transparency.
- Ethics.

Victor Davis Hanson is right:

(subheadline at home page) Anyone who cares about the U.S., at home and overseas, must be worried, very worried, about the disastrous last two weeks.

(at Page 3 of his “Work and Days” column) Let us hope that the world doesn’t try to test us this month. And if the outlaws do, let the sober and judicious people (and there are many) in Obama’s foreign policy team be allowed to react. In week three, we are light years from ‘hope and change’; now it is let us “hope he can change.”

He needs to, because he’s at malaise already. It took Jimmy Carter 2-1/2 years in office to get there. In fact, Carter’s mostly misguided speech at least had a shred of optimism in it:

Little by little we can and we must rebuild our confidence. We can spend until we empty our treasuries, and we may summon all the wonders of science. But we can succeed only if we tap our greatest resources — America’s people, America’s values, and America’s confidence.

Since his electoral victory, Barack Obama and his party have been all about destroying our confidence and sewing uncertainty. Either it stops, or, for their sanity, the American people had better start ignoring his speeches, and watching his actions like hawks.

_____________________________________________

UPDATE: This is what he thinks his win in November meant –

In recent days, there have been misguided criticisms of this plan that echo the failed theories that helped lead us into this crisis — the notion that tax cuts alone will solve all our problems; that we can meet our enormous tests with half-steps and piecemeal measures; that we can ignore fundamental challenges such as energy independence and the high cost of health care and still expect our economy and our country to thrive.

I reject these theories, and so did the American people when they went to the polls in November and voted resoundingly for change.

Horse manure. The American people did no such thing — not even 52% of them. Mandate, schmandate.

Share

3 Comments

  1. This is the worst case scenario that we all feared: Unqualified affirmative action President wins and has no clue of what to do. Economy could go either way while Congress and foreign leaders take advantage of him left and right as he sits rocking in a fetal position somewhere. It’s Ted Strickland on a global scale! Is it too early to hope for a change?

    Comment by Joe C. — February 6, 2009 @ 4:13 am

  2. Oh dear, that last update was truly scary, this moron is willing to tempt fate by going full blown Socialism? What did Margret Thatcher say? Socialism fails when it runs out of everyone else’s money. It’s clear they are going to attempt to borrow the one trillion for their porkfest. Our only hope is the Chinese and Russians will not buy any more US bonds. This would stop them in their tracks. The irony shouldn’t be lost on us Capitalists, the former communists may possibly be the saving grace of America by blocking the actions of an irresponsible Congress and a nutjob President bent on extracting the last possible penny from those who have to dole it out to those who supposedly don’t.

    Of course the Fed could step in to buy those bonds with printed money as their excuse to fund the deficit spending.

    Comment by dscott — February 6, 2009 @ 11:14 am

  3. Thatcher was also right when said “curing the British disease with socialism is like curing Leukemia with leeches.”

    And my response to all 535 idiots in DC also comes from her:

    “If you want to cut your own throat, don’t come to me for a band-aid.”

    We need a few more iron ladies…

    Comment by Rose — February 6, 2009 @ 12:36 pm

RSS feed for comments on this post.

Sorry, the comment form is closed at this time.