In our last episode we related how our hero was preparing to blame The Sequester (and by extension Republicans) for every malady large and small to befall America and Americans after March 1 — maladies more honestly attributable to administration policies. Our hero wasted no time in today’s press conference confirming his intentions:
Lay offs and pay cuts means (sic) that people will have less money to spend at local businesses. That means lower profits. That means fewer hires. So every time that we get a piece of economic news over the next month, next two months, next six months, or as long as the sequester’s in place, we’ll know that that news could have been better if congress had not failed to act. (Emphasis added.)
Disposable income dropped in January by the most it has in more than 50 years, largely because of the increase in payroll taxes. But the president, with media complicity, will blame the drop on The Sequester.
Obama sees The Sequester as his Get Out of Jail Free Card for the next four years, much as George W. Bush was for the preceding four.