Just Imagine The Mess Obama Will Inherit If He's Reelected!
When the June jobs report came out, showing 80,000 net new jobs and the unemployment rate stuck at 8.2%, Washington Post wunderkind Ezra Klein sarcastically responded:
It's times like this when I'm glad we're not employing hundreds of thousands of workers to rebuild the nation's infrastructure.
And super glad that we fired those 600,000 state and local workers. Our economy has more than enough jobs/demand as is!
Completely leaving aside the fact that Democratic legislators passed and President Obama signed a massive $800 billion spending bill meant to create those "shovel-ready jobs" (ha ha!) is the left's argument for bad numbers really that we need a larger government? How out of touch with reality can one be?
Two other tweets I have to share. From Frank J. Fleming:
Has Obama considering solving unemployment through a not having a job tax?
And from David Harsanyi:
obama just blamed rush limbaugh for something. it's like the 90s all over -- without the jobs.
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Comments:
Sep '11
Re: Just Imagine The Mess Obama Will Inherit If He's Reelected!
Klein's comment may be one of most economically ignorant things I have ever read.
Jan '11
Re: Just Imagine The Mess Obama Will Inherit If He's Reelected!
Mollie,
That post headline is one of my all-time favorites!
Jun '12
Re: Just Imagine The Mess Obama Will Inherit If He's Reelected!
True, but that's Ezra Klein in a nutshell. "The State is Mother. The State is Father."
May '12
Re: Just Imagine The Mess Obama Will Inherit If He's Reelected!
80,000 Jobs!
That would be impressive, if this were Michigan.
May '12
Re: Just Imagine The Mess Obama Will Inherit If He's Reelected!
Kowaliczko Tom: Mollie,
That post headline is one of my all-time favorites! · 10 minutes ago
Agreed. There could be profit in bumper sticker/tee shirt business on that one.
ConservativeWanderer
True, but that's Ezra Klein in a nutshell. "The State is Mother. The State is Father." · 5 minutes ago
Tsk, tsk. Honor thy father and thy mother.
Jun '10
Re: Just Imagine The Mess Obama Will Inherit If He's Reelected!
Bush didn't invent economic materialism--the real problem--and Obama has done absolutely zero to identify materialism (including government materialism) as the problem. Apparently, Obama thinks the problem is that he, as President, doesn't have enough money to spend. That's not solving the problem. That's pouring gasoline on the problem and throwing matches at it.
Feb '11
Re: Just Imagine The Mess Obama Will Inherit If He's Reelected!
Today, Instapundit has a link to a graph from the MN Fed that compares all the recession/recoveries since 1948.
Obama took office at the same point in his recession as did Bush 2. Bush’s inherited recession was slightly worse than Obama’s inherited one at that point. From there it switches. Whereas Obama’s policies kept driving the economy south to record levels, Bush’s policies leveled things off and started a recovery. Plus Bush saved the economy while dealing with the 9/11 attacks and their aftermath.
And they keep telling us that Obama is brilliant and W is a moron...
Jun '12
Re: Just Imagine The Mess Obama Will Inherit If He's Reelected!
If your goal is a Statist utopia where the government employs everyone and runs every business, then naturally you'd think Obama brilliant.
May '10
Re: Just Imagine The Mess Obama Will Inherit If He's Reelected!
The left still believes in the WPA. But they also believe in the EPA and all the other initials where "A" stands for administration. So a 21st century WPA would still have to wait 6 years to move the first shovel of dirt on anything. Compare any completion time for projects in the 1930s to the new World Trade Center project.
Jul '11
Re: Just Imagine The Mess Obama Will Inherit If He's Reelected!
ConservativeWanderer
True, but that's Ezra Klein in a nutshell. "The State is Mother. The State is Father." · 37 minutes ago
It figures that Klein would be a member of the Psi Corps.
Sep '10
Re: Just Imagine The Mess Obama Will Inherit If He's Reelected!
The next President will indeed inherit a mess just as the last one did. Our current circumstances are a result of Bush/Obama economics. For 8 years Bush increased the size, influence and spending of the central bureaucracy while restricting liberty and in 08 his economic team in response to a debt crisis saved crony capitalism while severely damaging the free market. Obama, a true socialist, has followed in Bush's footsteps. It would be nice to have a limited government candidate who would run against the corruption of DC and Bush/Obama big government. Without admitting the current situation is a result of a political system that has been severely corrupt by both political parties a solution cannot be found. The only real question is will the financial system implode before or after the election. In the mid sixties Reagan expressed the opinion that if Medicare was passed it would eventually lead to a loss of our freedoms. He was correct. There are no Republicans saying this today. My explanation for this is not a lack of intellect but a lack of integrity.
Re: Just Imagine The Mess Obama Will Inherit If He's Reelected!
Ha Ha! That headline gave me my first chuckle of the day!
May '10
Re: Just Imagine The Mess Obama Will Inherit If He's Reelected!
The Frank Fleming tweet is a stroke of absolute genius.
Oct '10
Re: Just Imagine The Mess Obama Will Inherit If He's Reelected!
80,000 net new jobs sounds like a gain, but the report also says that 85,000 left the workforce on disability and therefor are not counted in the workforce.
That is a net 5,000 jobs LOST.
Jul '10
Re: Just Imagine The Mess Obama Will Inherit If He's Reelected!
When you add the people on disability to the people who are unemployed to the people who stopped looking for work and aren't counted anymore you just want to pull the covers over your head. But then you find yourself thinking about the blunders of the self-confessed Etch-a-Sketch Romney campaign. "It's a tax. It isn't a tax. Wait a minute, I thought about it some more and it is a tax." How can the Republicans blow it with the economy in the shape it is? Never fear, they're experts at finding a way.
Oct '10
Re: Just Imagine The Mess Obama Will Inherit If He's Reelected!
Bottom line... the issue of economic growth/contraction is extremely complex. Me, and I'll bet most of the people talking about this issue are very much in the dark.
I do not trust the government to keep honest numbers, and place even less confidence in the "financial media" to honestly interpret the numbers that few others can interpret.
Alternative interpreters, from bloggers, talk show hosts and even knowledgable friends are, themselves, in the dark but giving it their best shot.
So??? How do I believe ANYTHING I hear. I certainly find it impossible to make any plans at present.
My guess is that the guy who has a thousand employees manufacturing power lawnmowers is equally uncertain, and hence, paralyzed by ignorance.
Aug '10
Re: Just Imagine The Mess Obama Will Inherit If He's Reelected!
I'm pretty sure that is the Left's argument for just about everything.
Re: Just Imagine The Mess Obama Will Inherit If He's Reelected!
We can only assume that he would spend his second term the way he spent his first term -- whining about what happened during the previous four years.
May '10
Re: Just Imagine The Mess Obama Will Inherit If He's Reelected!
Kowaliczko Tom: Mollie,
That post headline is one of my all-time favorites! · 11 hours ago
Perfect!
Seriously, Romney has GOT to use that line in the debates following one of Obama's inevitable blame-Bush riffs. It would be a line for the ages.
Some contributor with connections must get word to Team Mitt.