11:00 p.m post: Maybe if I keep saying it…
While he certainly inherited a bad situation (caused, at least in significant part, by liberal policies of housing fairness), President Obama and his Democratic Congress have only made things worse. Today in Buffalo, NY, the President repeated the same tired lines that have begun to fall on deaf ears.
“Today, we are heading in the right direction,” he said. “Despite all the naysayers who were predicting failure a year ago, our economy is growing again.”
Yes, Mr. President, our economy is growing again. It’s growing at a pace similar to that of a turtle on a cold day, but it is growing nonetheless. The question is, did any of your policies help? As an initial point, it was common sense that once businesses fired everyone that they needed to fire to keep their doors open, the economy would finally hit bottom. It seems we have arrived at that point. Lagging unemployment figures reveal that few employers have begun to hire anyone though.
In typical Obama fashion (and that of a five year old), he supported his record simply by blaming others.
Obama said Republicans have “done their best to gum up the works” and said they generated much of the country’s fiscal deficit that they now complain about.
Now, the President’s definition of “much of the country’s fiscal deficit” may be different than mine, but when the deficit of April 2010 is four times what it was one year ago, and the common denominator is the One (and his policies), I would argue that the overwhelming majority of the deficit is all his.
Apparently sensing that the article may be a little too one-sided, the authors throw the President a bone, and make an assertion that is so blatantly unfounded, they don’t even attempt to provide support:
Obama’s $787 billion stimulus package approved last year by the Democratic-controlled Congress was largely rejected by Republicans. However, many independent economists have said the measures helped avert an even deeper recession.
Tell me learned commentators, what independent economists have said the stimulus helped avert anything? The outcome of the stimulus is well-documented. It significantly increased the deficit, while failing to create any jobs. It was such a failure in fact, that the Obama Administration actually had to stop asserting that it created jobs, and simply fall back on the unquantifiable “saved jobs” nonsense.
Simply put, this administration has been a fiscal disaster. It has pushed, and signed, huge spending bills that we can’t afford, and that failed to even fulfill their stated goals. Now Barry wants to double-down with cap and trade, which will further weaken the economy. Watching him at the wheel of America, I get a feeling very similar to how I felt watching Matt Millen’s managing of the Detroit Lions: he’s either completely incompetent or failing on purpose.