Obama told us during the election campaign that the country could not afford four more years of the same failed Bush policies. He also told us that we can't expect a politician to fix the problems of the economy if that politician does not understand that they're broken. To that end, Obama assembled a team of economic advisers which the leftist British newspaper The Guardian described as "full of assertive, bold personalities". A new era of change was apparently upon us.
After becoming elected, President Obama told the American people that his stimulus bill had to be passed to prevent an economic catastrophe. All of that time spent with his economic advisers, full of bold and assertive personalities, had shown him the light: what America really needed was a big stimulus plan that would add trillions of dollars to the US public debt of which the interest alone could have paid for the war in Afghanistan so far twice over. So important was this stimulus plan that he decided to leave its writing to Nancy Pelosi. This was the same Congresswoman that attempted to convince us that unless this stimulus package was passed "500 million Americans would lose their jobs" each month. Pelosi obviously had no idea that
To try and sell that stimulus package, Obama showed up in Elkhart, Indiana, where the unemployment rate has tripled in the past year to 15%, roughly double the national average. Many of those laid off worked in recreational vehicle plants that have been closed down. Obama told those gathered in Elkhart, "It's the work people will be doing: Rebuilding our roads, bridges, dams and levees. Roads like US 31 here in
Well, it ultimately turns out, Obama thinks exactly the same as John McCain. The fundamentals of our economy apparently are strong. Not only was Obama out telling us this, one of his aides told us too. It must be true! This is despite a couple of percentage points increase in the unemployment rate and the Dow Jones being down about 30% from when McCain said it.
Obama is the one that is out of touch; for all the insisting during the election campaign that he understands
No comments:
Post a Comment