For Advertising Info, Write.
rwnews@blogads.com
Premium Left blogad
Left Blog Ad

Advertisement
Even The Politico Has To Admit That The Obameconomy Stinks
Written By : William Teach

Poor Politico. They have to admit that not only has the economy not done well this year, but, that it is way too late for any sort of upturn to help doomed Democrats

Time’s up for Democrats looking for good news on the economy.

More bad news this week squelched any hope that President Barack Obama and his party might benefit from a glimmer of an improvement in the economic picture before Election Day.

Instead, it is a picture of a stalled recovery, reminding voters of the many promises by Obama and his top aides that better days were just around the corner.

Well, we all know that any promise by Barack has an expiration date. Usually about an hour after TOTUS has left the room.

Home prices, the Achilles heel of the economy, are falling again. Consumer confidence remains at levels usually associated with a recession. And on Friday, the government is expected to announce that economic growth was around 2 percent in July, August and September, less than half of what is normal in even a modest recovery.

Have you noticed that the “cute” stories about things such as “funemployment” have dried up, along with the serious ones about people simply giving up looking for work and being completely demoralized? Perhaps the media has realized that these stories are a) harming Obama and b) not going to get Obama and the Dems to institute legislation that will actually fix the problems.

One of the biggest mistakes that Obama made was predicting exactly how much his economic policies would turn around the economy and start creating jobs, according to Bill Galston of the Brookings Institution.

“One of the rules of public policy is that you don’t put a number and a date in the same sentence,” he said.

When you are spending a trillion dollars, you best have some sort of projected outcome, much like one does with an action or SMART plan. Of course, since most of the people who crafted and supported the Stimulus boondoggle have little to no experience in actual business, it is rather difficult to understand the principles and follow through with a wise plan:

  1. Identify the problem
  2. What actions will be undertaken?
  3. Who owns the action?
  4. When will it be completed?
  5. What will be the results?

They got close, but, basically winged it, with no one checking their plan to see if it is workable. It was like if a 5 year old was asked to craft the plan

  1. Identify the problem (the economy is tanking, and we have lots of cookies to distribute to our supporters)
  2. What actions will be undertaken? (spend a trillion dollars on roads that do not need paving and/or repair, pay back our campaign supporters with double chocolate chip)
  3. Who owns the action? (Not Me. And Sheriff Joe, who has run around the country making campaign appearances. Unicorns)
  4. When will it be completed? (just in time for the 2010 mid-terms)
  5. What will be the results? (“Hey, Joe, give me a big number.” “How’s 3 million and 8% sound?” “Perfect. I’m heading to Andrews to play 18. Call Bo if you need anything.”)

Of course, that almost makes it look like they had a plan. A really bad one, but, a plan. In reality, I would bet there is not even a draft or a deck out there.

“There is very little confidence in the economy out there, and obviously, that is weighing heavily in the elections,” said Holtz-Eakin.

There seems to be a section missing from that sentence, namely, “and obviously, Democrat policies have been utter failures, not too mention being extremely unpopular, so, that is weighing…….”

Crossed at Pirate’s Cove. Follow me on Twitter @WilliamTeach. Re-Change 2010!

0
  • Anonymous

    This election will close the book on the failure of Porkulus. Even as we pointed out that it was cravenly backloaded to pay out most of its money this year to provide an economic boost right before the election, it hasn’t even done that.

    What has it done? Severely weakened the dollar through inflation. Gas prices are up when they should be falling due to a poor economy and seasonal demand. Food prices have risen steeply, and only now is the media grudgingly running stories about possible shortages in poor countries. Housing is tanking again as well…apparently Obama and Biden didn’t mention that a 6-month construction job isn’t going to look like a mortgage-sustaining income to a bank.

    Fannie and Freddie, rewarded for their irresponsibility and incompetence with a $130 billion bailout, are still insolvent. The only thing government-owned GM has done is successfully trick the casual observer into thinking they paid back their bailout, which is a total lie. With the product line of pure crap they’re rolling out, it won’t be long before more taxpayer cash is given to them as well.

    The economy is the reflection of the unmitigated failure of all liberal Democrat (and big-government RINO) policies. Liberalism itself has failed, and we can only hope that the Great Recession will spell the permanent end of misguided policies like bailouts, Keynesian economics, and permanent-deficit government budgets.

  • Waterwillows

    When things are messed up this badly, the only exit is to keep it simple. Nothing else will work. First, much smaller government. Eliminate as much waste as possible. No bail-outs or hand-outs. Focus on encouraging business and small business to grow. They will hire if they are able to.
    Take away any taxes that punish excellence and prosperity. You can not save the ecomony by promoting the poor over prosperity.
    Pay off the bills. Pay off the bills. Pay off the bills. The citizens know that. Why doesn’t government?

    • Anonymous

      Pay off the bills. Pay off the bills. Pay off the bills. The citizens know that. Why doesn’t government?

      B/C this is the govt of the people and by the people that think there is “obama money”, and an “obama stash.”

  • Kingfisher

    If Obama really believes that the economy is improving then he is guilty of negligence because the facts contradict his rosy output.

    On another note, I see Blowhard Joe Biden wearing a flag pin. Didn’t he get the memo from his boss? Pins promoting the US flag are politically incorrect. The only time hardcore leftist Democrats promote the US flag is when they expect trouble brewing for their party.

  • Good Ol Boy

    Can’t you just picture the writer from Politico bursting into tears and racking sobs upon finishing his article? His visions of hopitude and changiness dashed on the rocks of harsh reality? LOL

    *channelling Eric Cartman* Yes! Yesss!! Oh, let me taste your tears! (licks tears off liberal’s face) Mmmm, your tears are so yummy and sweet!

    • http://www.thepiratescove.us/ William_Teach

      Yup. And reaching for a bottle of something strong, to be followed by sitting with the rest of the Politico writers tying one on. Nightly. For the past 5 months or so.

  • Anonymous

    But think of all the billions of jobs created or saved and the trillions of dollars that might otherwise have been lost!

    Sure if you look at the real numbers things are terrible. But now is the time for some creative thinking, so let’s instead focus on the surreal numbers.

  • Kingfisher

    The graphic above is incorrectly labeled. the O-Messiah and Biden are combining their Jedi mind skills to stimulate the economy.

  • Anonymous

    “Call Bo if you need anything.”

    Mr. Teach,

    I’m inclined to suspect Bo would have done a better job of setting stimulus policy than Mr. Obama did. A dog would evaluate each stimulus proposal by sniffing around them. Given he could neither eat nor hump any of the proposals, he’d pee on them and walk away. That would be a definite improvement on the policies the administration has pursued. Compared to President Obama, Bo knows economic policy.

    • Redriverted

      ‘I’m inclined to suspect Bo would have done a better job of setting stimulus policy than Mr. Obama did’.

      Well, he couldn’t have done worse.

  • http://Pressbox.co.uk Prince Charming

    I definately love playing “Pirate Stash” Puzzle Game on the new Kindle. This newly reforged reader is more flat, lighter, faster, and makes studying richer than with any older Kindle model. Weighing in at just 8.5 oz.s, the sleeky configured electronic reader is lighter than a paperback,softback,soft-cover book. It is just 1/3” thick and feels wonderful in the hand. This fresh model is the most flat Kindle thus far.

Advertisement
Featured Video

Ed Klein on ‘The Amateur: Barack Obama in the White House’

php developer india
Premium Right Ads
Blogads Right
Previous Features

Ads

40 Of The Most Bad-Ass, Masculine, Manly, Alpha Male Quotes Of All Time
50 Things Every 18-Year-Old Should Know
Politically Correct Fairy Tales
Why Men Are Becoming Wimpy, Video Game Playing Slackers Who Don’t Want To Get Married
Horror You Will Never Get Out Of Your Brain Again: Bronies
The 10 Best Obama Ate A Dog Images From Around The Web
Advertisement
User Info