|
March 03, 2009
Obamanomics in a nutshell
I'm not much of a fan of Rush Limbaugh (see yesterday's post), but when he gets it right he gets it right. And he sure got it right yesterday in his explanation of what's been baffling so many people: The president is presiding over economic failure. The president is watching it, doing nothing about it. He's watching unemployment grow; he's watching the stock market plummet; he is watching people sign up for unemployment. The president of the United States is doing nothing to stop the downward spiral of this economy. He has no economic recovery plan. The truth is, the president of the United States and Rahm Emanuel, who, remember, said, "Crisis is too great a thing to waste." What does that mean? They want you suffering, they want you miserable, they want it worse, they want you rejecting conservatism. They want you rejecting capitalism. They want you turning to them in fear and desperation and angst for an immediate fix to the problem. They want you thinking you have no ability to fix your own problems. They think you have and they want you to have no ability to take care of yourself. So as the stock market now approaches minus 2,800 since Obama was elected, the statement today is to speed up the economic recovery, we're going to focus on health care. Ask yourself how that is going to get you your next job.The problem with many ordinary Americans (including well educated, well informed liberals I know) is that they assume the president and his administration are acting in good faith, and cannot understand why so many "mistakes" are being made. Mistakes? Really? Except for a growing minority of "Tea Party" types, I think the American people are being far too naive. I almost said they're not cynical enough, but Barack Obama is very fond of criticizing what he calls "cynicism" so I'll say they're not realistic enough. Jeff Seidel writes for the embattled Detroit Free Press, and like many Obama voters these days, he's scratching his head. Yesterday (in a column titled "Help! I'm suffering from Obama overload!") he noted that the economy is in a dire state of collapse, but instead of focusing on that, Obama is being treated by the focusing classes as a rock star (with endlessly obsessive magazine cover adulation, politicians acting like groupies, etc.) I voted for Barack Obama. He's smart and focused and talented. He is, as they used to describe quarterback Joe Montana, cooler than the other side of the pillow.Etc. I guess I have a horrible admission to make too. I developed Obama Fatigue before he was elected. The best way to avoid the symptoms it is not to turn on the TV except to watch old movies, and avert my eyes from the Hollywood magazines at the supermarket checkout stand. Because I know what it feels like to be let down, I can't help pity guys like Jeff Seidel, who is obviously not alone. However, his reaction is illustrative of the difference between ordinary liberals and hard core socialists. The former (trusting sorts, generally) either believe -- or especially want to believe -- that socialistic programs can be made to work. The latter know full well that socialism does not work, and that therefore its failure is their success. What they most fear right now is the type of realism they like to characterize as "cynicism." Whether the cultural phenomenon called "Obamamania" is intended as a deliberate (dare I say "cynical"?) distraction is something I cannot prove, so I should probably leave it to the conspiracy theorists For now, though, I think it's safe to say that Obama fatigue is not a paranoid conspiracy theory..... MORE: Looking at the stock market freefall, Roger L. Simon asks a good question: "is the media mentally ill?" I am not alone. Almost everyone is feeling this pain. Even, of course, the mainstream media, a large number of whom are losing their jobs and almost all of whom are seeing their savings vanish (unless they were smart enough to stay out of the market). But almost none of them are saying anything critical of Obama's policies which, obviously, the stock market - conventionally the predictor of our economy - thinks are dead wrong.What if there's a direct relationship between the market freefall and the loudness of the hosannas? The lower market gets, the louder the hosannas become? Being loudly and sanctimoniously right means never having to admit to being wrong. MORE: "Too loud to be wrong" has a nice ring, eh? (Sounds almost like "too big to fail"...) MORE: Mickey Kaus reacts to a remarkable admission from Obama officialdom ("I'd rather live with a debt than have people go without health care") with a And here I almost believed Obama's health care plans were all about lowering costs and getting the budget under control.Via Glenn Reynolds who says "That's for rubes." Hmmm.... I think it would take a rube to believe that the goal was all about improving the health care system... On the bright side, maybe we're in for a rube awakening! UPDATE: More here on Barack Obama's intentional destruction of the economy: Why would Obama inflict these destructive policies while the economy is collapsing? Simple. Each step strengthens the role of government in people's lives.Via Glenn Reynolds, who adds, The other possibility, of course, is that he's clueless. Never attribute to malice what can be explained by incompetence, and after the Geithner/Daschle/Richardson/Killefer/Carrion/Kirk problems, incompetence is looking like the strong horse.I hope that's right, even though I don't normally find incompetence especially reassuring. posted by Eric on 03.03.09 at 08:52 AM |
|
March 2009
WORLD-WIDE CALENDAR
Search the Site
E-mail
Classics To Go
Archives
March 2009
February 2009 January 2009 December 2008 November 2008 October 2008 September 2008 August 2008 July 2008 June 2008 May 2008 April 2008 March 2008 February 2008 January 2008 December 2007 November 2007 October 2007 September 2007 August 2007 July 2007 June 2007 May 2007 April 2007 March 2007 February 2007 January 2007 December 2006 November 2006 October 2006 September 2006 August 2006 July 2006 June 2006 May 2006 April 2006 March 2006 February 2006 January 2006 December 2005 November 2005 October 2005 September 2005 August 2005 July 2005 June 2005 May 2005 April 2005 March 2005 February 2005 January 2005 December 2004 November 2004 October 2004 September 2004 August 2004 July 2004 June 2004 May 2004 April 2004 March 2004 February 2004 January 2004 December 2003 November 2003 October 2003 September 2003 August 2003 July 2003 June 2003 May 2003 May 2002 AB 1634 MBAPBSAAGOP Skepticism See more archives here Old (Blogspot) archives
Recent Entries
On matters of taste there can be lots of disagreement
It Gets Progressively Worse Rush Limbaugh Offers To Debate Obama Keeping track of the feeding cycle It Was A Historic Election A Destructive Agenda Advertise your innocence! Are you all aTwitter? You Were Warned Santelli And The Traders
Links
Site Credits
|
|
I have been having a conversation with an LAT columnist about this very subject in relation to the health care plan.
I asked "why are newspapers - who are dependent on accumulations of capital for their revenue - so anti capitalist?" Which is obviously hastening their demise.
It reminds me of the Soviet Union where so many apparatchiks willingly went to their death "for the sake of the socialist ideal".