“We had reversed the recession, avoided a depression, got the economy moving again. . . . But over the last six months, we’ve had a run of bad luck.”
— President Obama, Decorah, Iowa, August 15
A troubled nation wonders: How did we get mired in 9.1 percent unemployment, 0.9 percent growth, and an economic outlook so bad that the Federal Reserve pledges to keep interest rates at zero through mid-2013 — an admission that it sees little hope on the horizon?
Bad luck, explains our president. Out of nowhere came Japan and its supply-chain disruptions, Europe and its debt problems, the Arab Spring and those oil spikes. Kicked off, presumably, by various acts of God (should He not be held accountable too?): earthquake and tsunami. (Tomorrow: pestilence and famine. Maybe frogs.)
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Well yes, but what leader is not subject to external events? Were the minor disruptions of the current Arab Spring remotely as damaging as the Arab oil embargo of 1973–74? Were the supply disruptions of Japan 2011 anything like the Asian financial collapse of 1997–98? Events happen. Leaders are elected to lead (from the front, incidentally). That means dealing with events, not plaintively claiming to be their victim.
Moreover, luck is the residue of design, as Branch Rickey immortally observed. And Obama’s design for the economy was a near–$1 trillion stimulus that left not a trace, the heavy hand of Obamacare, and a flurry of regulatory zeal that seeks to stifle everything from domestic energy production to Boeing’s manufacturing expansion into South Carolina.
He sowed, he reaps.
In Obama’s recounting, however, luck is only half the story. His economic recovery was ruined not just by acts of God and (foreign) men, but by Americans who care nothing for their country. These people, who inhabit Congress (guess what party?), refuse to set aside “politics” for the good of the nation. They serve special interests and lobbyists, care only about the next election, place party ahead of country. Indeed, they “would rather see their opponents lose than see America win.” The blaggards!
For weeks, these calumnies have been Obama staples. Calumnies, because they give not an iota of credit to the opposition for trying to promote the public good, as presumably Obama does, but from different premises and principles. Calumnies, because they deny legitimacy to those on the other side of the great national debate about the size and scope and reach of government.
Charging one’s opponents with bad faith is the ultimate political ad hominem. It obviates argument, fact, logic, history. Conservatives resist Obama’s social-democratic, avowedly transformational agenda not just on principle but on empirical grounds, as well — the economic and moral unraveling of Europe’s social-democratic experiment, on display today from Athens to the streets of London.
Obama’s answer? He doesn’t even engage. That’s the point of these ugly accusations of bad faith. They are the equivalent of branding Republicans enemies of the people. Gov. Rick Perry has been rightly chided for throwing around the word “treasonous” in reference to the Fed. Obama gets a pass for doing the same, only slightly more artfully, regarding Republicans. After all, he is accusing them of wishing to see America fail for their own political gain. What is that if not a charge of betraying one’s country?
The charge is not just ugly. It’s laughable. All but five Republican members of the House — moderate, establishment, tea party, freshman alike — voted for a budget containing radical Medicare reform knowing it could very well end many of their careers. Democrats launched gleefully into Mediscare attacks, hardly believing their luck that Republicans should have proposed something so politically risky in pursuit of fiscal solvency. Yet Obama accuses Republicans of acting for nothing but partisan advantage.
This from a man who has cagily refused to propose a single structural reform to entitlements in his three years in office. A man who ordered that the Afghan surge be unwound by September 2012, a date that makes no military sense (it occurs during the fighting season), a date not recommended by his commanders, a date whose sole purpose is to give Obama political relief on the eve of the 2012 election. And Obama dares accuse others of placing politics above country?
A plague of bad luck and bad faith — a recalcitrant providence and an unpatriotic opposition. Our president wrestles with angels, monsters of mythic proportions.
A comforting fantasy. But a sorry excuse for a failing economy and a flailing presidency.
Ironic, that a man who was presented as the truly global American (considering his multi-cultural/national background) has shown himself to be the most provincial--a small frog in a large pond. America deserves better.
If the job is all too vulnerable to the fickle fortunes of fate the job becomes superfluous. A genanken exercise: What if the job disappeared into thin air right now? What would be the consequences?
The next reduction in Federal work force might have to consider the Office of President of the United States.
"You have sat here too long to be of any use. By the Grace of God go"
Oliver Cromwell to the Long Parliament
Gosh Charles I'm beginning to think you are seeing Mr. Obama as not only a loser but a petulant, hallucinating, ego-maniacal crybaby.
Or do I overstate?
He may well be those things but he is also a very clever and even more corrupt polition, IMO.
I truly believe he is using his volunteer program to relocate votes to swing district and is funding it, seemingly legitimately, through the 126 billion in unspent stimulus funds.
I think Obama is doing it on purpose, at least in the sense that his leftist ideology trumps everything else.
Nothing else (except his policies) would have turned this center-right country so quickly into a second-rate dependency state. Even our government's aggressive policy of open borders would have taken a bit longer to get us to the same place.
A free-market response to our late 2008 financial meltdown (as long as it got rid of the idea of too big to fail, which is not a 'free market' idea) would have fixed the economy by now.
Obama panders continually to the 'progressive' wing of his base, which is anti-American. The most depressing news of all is that 40% of Americans still support this person.
Oil prices are way down now from the spring. Gas prices however, are stagnantly high. Jobs are scarce.
Why the national GOP is not starting to run ads in battleground states is beyond me. I'm in Florida now and see nothing.
Here's a good one. Obama's big black bus and out steps Darth Vader killing the economy.
Another one. A graph with the number and cost of obama's golf trips, his and her vacations, his number of fundraising trips going up with employment going down. You could make such hay with this guy but it shouldn't wait for next year. Do it now and perhaps his numbers could go to the low 30's. I suspect they're there or even lower in real life.
Krauthammer: "How did we get mired in 9.1 percent unemployment, 0.9 percent growth..."
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Did Dr. K just admit that the economy is growing?
0.9% is below 0 per capita. Gotta get at least 1% to keep everything the same. A lot more than that if you want people to actually get off unemployment.
Life must be so confusing to those who never look in the rear view mirror to see what their choices have wrought. To live with no apparent consequences to your actions; to live as the proverbial bull in a china shop, blaming the wreckage around you on the clumsy store clerk.
Obama's not even voting "present" anymore. Everything's the fault of intransigent Republicans and bad luck. "Excuse me while I trot off to my fully paid resort vacation. The world may resume when I return."
President Obama has had extraordinarily good luck, it’s his bad polices which are hurting him.
But we all must be wary because his luck is unique and triple edged. He had great luck passing disastrous policy such as Obama Care, Dodd-Frank, QE2, etc. And further still to have a loyal lapdog media which is nothing but a propaganda ministry for him.
The second edge of that lucky sword is that those are terrible policies and indeed they have cut his thumb. But his luck has the unique third edge... he seems to get away with everything. His free guns to drug dealers policy is ignored, he is about to give amnesty to illegal aliens by fiat...again no one paying attention, this list goes on and on.
Because of this luck he very well me be able to blame every single one of his catastrophic failures on everyone else while simultaneously creating new disasters and get reelected.
Various reasons have been put forth as to why BHO does what he does; he's a rabid ideologue, in over his head, he's corrupt. Maybe all three is the correct answer. Dr. K made the point leading comes from the front. Are we surprised by this from a man that voted "present" more than yes or no. Or from a man whose only publication was a biography speculated to be filled with fantasy? Ideologue? Yes. Inexperienced? Sure. Corrupt? Most likely. What we have is a President with the Sidam touch.
There are times when you feel you've known someone for years and yet that you never knew him. And then there are times when a single moment seems to disclose the whole personality. Obama's callowness and blythness in the above quotes disclose a manifestly irresponsible character. To be so thick as to at this point in one's career not seem to recognize the relation of luck to planning, stated so pithily in this article, is a serious sign of a false sense of entitlement. We expect to hear such remarks from badly bred teenagers, not leaders.
The most stunning thing in this whole evolving Democratic narative vis a vis the economy is that GWB was blamed for the 1st 2 years while the Dems controlled both houses of Congress (filibuster-proof in the Senate) and the Presidency. The economy they inherited was so bad, that there was nothing they could do to fix it. In fact we should all be worshipping the hem of their garments that they saved us from depression and saved millions of jobs.
Then miraculously, Obama finally took ownership of this economy and it was ready to start rocking. Unfortuntealy for him, at that very instant in time, when the economy was finally his and the nightmare of GWB was finally exorcized, a small cadre of Tea Party activists won a minority position in one half of one third of the federal govt and has held the economy hostage since that moment.
In my wildest dreams, I couldn't come up with such a wild, unbelievable, implausible story. If Americans believe this level of BS and vote this guy back in - they deserve the coming doom and all the associated pain.
Even if Obama wins in 2012 (I think there is a very good chance that he ekes out a slender victory over whoever the Republicans nominate), his reign of terror is over. I expect the Republicans to continue to make gains in the House and across the country, further curtailing Obama's domestic agenda (if not winning mandates for outright repeal). I think Americans will attempt to balance their 2008 mistake by voting in Republicans without voting Obama out.