Note this unheralded story in Politico today:
Suddenly, President Barack Obama is talking about housing again . . . The renewed attention to the ongoing housing crisis reflects a sense of urgency that had been largely absent from Obama’s message in recent months, when he described the housing market as “tough” and an area of “concern” and counseled that “it just takes some time” for the policies his administration launched to provide some relief. Obama focused early in his presidency on the impact of the crisis on American families, but his economic message had shifted toward broader job creation initiatives, even as many of the housing problems remain.
There is great opportunity for Obama’s GOP challengers by pursuing the argument that Obama fails to solve problems because his modus operandi is to pass a bill and believe that settles the issue. For much of 2009 and early 2010, the Obama White House was mono-focused on health care, in part because they believed that the stimulus had solved the problems facing the economy and growth would kick in any month now. A year later, in 2010, they celebrated “Recovery Summer,” insisting that good times were just around the corner. Last week, Obama insisted that “Where are the jobs?” is a skewed question because it came from Speaker Boehner.
I’m reminded of this anecdote in New York magazine in December 2009:
. . . the most damaging consequence of all may have been inside the White House, where bullishness about how rapidly the stimulus would kick in led to foolish projections that unemployment would peak at 8 percent—and where the bill’s passage bred a certain cockiness and complacency about the need to drive a sustained economic message in the months thereafter. “I recently talked to a very senior friend of mine in the White House, and I said, ‘How did we not spend a year talking about the economy?’ ” a Democratic think-tank maven recalls. “And he said, ‘Look, I think Barack did the stimulus and he thought he checked the box and he moved on.’ I said, ‘That’s not governing, dude. That’s some other thing.’ ”
Here we are, 18 months later, and the Obama administration is noticing that their 2009 efforts to help a terrible housing market and record foreclosures haven’t made much of a difference.
The stimulus was Plan A on the economy, it failed, and we’re still waiting for Plan B. The Home Affordable Modification Program was Plan A for the troubled housing market, it failed, and we’re still waiting for Plan B. Using some of the Strategic Petroleum Reserve was Plan A for high gas prices, it failed, and we’re still waiting for Plan B. Outreach to Iran and Syria were Plan A on improving U.S. influence in a hostile region and dangerous world, it failed, and we’re still waiting for Plan B. Pressuring Israel was Plan A on the Middle East, it’s going nowhere, and we’re still waiting for Plan B.
America, our real “Plan B” is now clear: electing a Republican in 2012.
Plan B was already initiated by the public in 2010. Plan B part 2 comes in 2012.
Reply to this commentLinkReport Abuse'Look, I think Barack did the stimulus and he thought he checked the box and he moved on.’
Talk about your Ivory Tower mindset writ large. You don't get to 'govern' by handing down diktat. The rest of us may like this or that idea but until we can prove its gonna work through real world evidence we're wasting time. Life has consequences. Ivory Tower inhabitants need not apply.
Reply to this commentLinkReport AbuseI'd say electing a CONSERVATIVE is Plan B, not merely electing a Republican.
Reply to this commentLinkReport AbuseThe problems in the housing market stem directly from government involvement, and subsequent distortions, of that market. The solution is NOT more government involvement.
Reply to this commentLinkReport AbusePlan B, repeat plan A untill somebody in the liberal media finds a shovel to dig themselves out of Obamas hole. Wait, I'm sorry that would only be true if the truth made any difference. Lets go back to plan A that is now plan B soon to become plan C. Print more money, prop up more unions, hector more taxpayers, create more entitelments, redistribute American jobs, encourage disregaurd of any law regarding immigration. Choose the winners. Happy Days are here again, Obamas plans are clear again, spend my friend oh spend my friend, happy days are here again!!!!
Reply to this commentLinkReport AbuseFor pete's sake don't get Obama thinking about a Plan B for all these things. Plan A has already caused enough damage.
Reply to this commentLinkReport AbuseVery good information for me i like it !
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