Why Obama Owns 10% Unemployment, Part...I Lost Count
First it was big-time CEOs saying what I've been saying all year now. Now it is Nobel Prize-winning economists.
posted by Donny Baseball at 10:33 AM
Monday, January 04, 2010
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- Name: Donny Baseball
- Location: State of Mind, New York, United States
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- Why the Hell Not...2010 Predictions!
- What Do They Say About Great Minds...
- My 2010 Plan
- Cue (and Screw) the Race Hustlers
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- Now It All Makes Sense - Baucus Edition
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- 2010 Prediction: Iran Explodes, Sinking ObamaCare
3 Comments:
Messrs Becker, Davis, and Murphy are far too kind in their assessment of Team Obama's "economic" policies. As you noted last week, Shelby Steele regards Obama as "not ready for prime time" and in that he too may have been way too gentle.
The august economists and Mr Steele all assume Obama's intentions were to do the right thing, and that the problem has been in the execution.
But there is a growing sense beyond the Beltway that the "progressive" agenda of socialization and institutionalized federal control of the economy have been the real goal all along, and that talk of economic growth and lower unemployment are really no more important to this White House or Congressional Democrats than "post partisanship", "transparency" or all that silly "hope and change" nonsense.
Obama's election last year may have been an unexpected fluke, but focusing on his ineptitude, especially now, may well mask his true objectives and the enormity of the mistake made by choosing him to be president.
I agree with that...they know full well that their economic prescription for the country will make us sicker. They just don't care, but many within the party will start to care and they will realize they jumped on board b/c they had a winner, that the stars are no longer aligned. Still I can't the believe the moderate Dems and the old guard didn't sniff this out already - they are still voting in lockstep on ObamaCare!
"(T)hey know full well that their economoic prescription for the country will make us sicker."
A profoundly appropriate description... and all the more reason to reject current Democrat attempts to "reform" the health care system. Anyone who sat through the first two weeks of Econ 201 understands just what increased demand and decreased supply does to prices. Never mind that the government system is already effectively insolvent.
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