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Kudlow’s Money Politics

Larry Kudlow’s daily web log of matters political and financial.

Obama’s Same Old, Same Old



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Perhaps the reason for President Obama’s flat and energy-less speech Thursday night — TV cameras panning the convention floor actually showed delegates falling asleep — was that he already knew Friday’s jobs numbers were going to be a disaster. The August unemployment report completely punctured his argument that if you just give him four more years, his policies will solve the economy.

Of course, reading through the speech, I didn’t see the word “jobs” mentioned once. In fact, though I could be wrong, I didn’t see the word “growth” mentioned once.

What I did see were constant references to government. Obama has taken to calling it “citizenship.” But it’s the same old, same old. Whether it’s more money for the teachers’ unions, or more Solyndra-like green energy, or more for infrastructure, it translates to more government spending and dependency in a second Obama term, all to somehow be financed with tax hikes on the rich. 

Read my full column here



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