The President's Stale Sermons

[Denny Crane]

http://www.realclearpolitics.com/articles/2011/08/12/the_presidents_stale_sermons_110923.html

Congress just approved the highest debt ceiling in American history, allowing the government to carry over $16 trillion in national debt – prompting the credit-rating agency Standard & Poor's to downgrade America's multitrillion-dollar debt for the first time in 70 years.

Unemployment is still over 9 percent. Private-sector businesses may have more than $1 trillion in cash, but they will be scared into not hiring or buying as long as they fear a new tax, a new regulation, a new entitlement obligation, a new plant shutdown – or a new harangue.

The gross domestic product is almost static. Every classical Keynesian remedy – massive government borrowing and spending ("stimulus"), near-zero interest rates, public works, expanded federal entitlements – has been tried, failed and is turning a modest recovery into another recession.

Neither the example of the socialist European Union nor that of big-spending blue-state America suggests that massive government spending and entitlements lead to collective prosperity.

In response to this depressing news, President Barack Obama still offers the same predictably stale sermons: George W. Bush did it. The Tea Party fiscal reformers are to blame. Government will fund "millions of green jobs." His political opponents want to destroy Social Security and Medicare.

But imagine if President Obama simply stopped diverting blame and tried something different.

 

[Denny Crane]

He poses an interesting question at the end. What if Obama tried something different? You know, since everything else he's tried has pretty much failed beyond expectations.

 

[BLAZER PROPHET]

With all due respect to the President, he has failed in the areas mentioned. He knows it. But election is coming up and he has plotted this strategy. Frankly, I think it will fail. Especially if the other dems up for reelection try and use this. I think if he mans up and takes ownership of the 25% un/under employment and depression he might get more traction as the only people who will possibly believe him are sheep liberals. It's as if he's calling independent voters stupid. Kind of an insult really.

 

[huevonkiller]

Moody's says they will make a decision at the end of the month....