The Campaign Spot

Obama: Recovery ‘Probably Takes More than One President.’

The first Jolt of the week features a lot of fallout from Saturday night’s debate, and then this surprising admission from President Obama:

Obama: Okay, I Can’t Fix the Economy.

This seems like a huge concession from our big-promising president:

President Barack Obama outlined a grim picture for economic recovery, saying in an interview to air Sunday night that it could take years for the nation to reverse what he called structural problems “that have been building for two decades.”

“That’s going to take time. That’s going to take more than a year,” Obama tells “60 Minutes” on CBS. “It’s going to take more than two years. It’s going to take more than one term. It probably takes more than one president.”

If it’s going to take more than one president, why don’t we get the next one started as quickly as possible?

I notice in the CBS transcript that the president has turned on the “folksy” routine again: “And we can’t have an honest conversation about the irresponsibility that resulted in the worst financial crisis since the Great Depression, without somebody sayin’ that somehow we’re bein’ divisive. No, we’re bein’ honest about what happened and we’ve gotta be honest about how we move forward.”

Come on, people! He’s dropping his ‘g’s! That means he completely understands the problems facing you!

John at Verum Serum wonders if Obama realizes how much his metaphor undermines his own argument for reelection: “Things sure do change. The metaphorical captain of the ship of state doesn’t control the weather which sounds a lot like throwing up your hands at the wind. He’s gone from blaming Bush which was at least specific (if entirely self-serving) to blaming “the system.” All he needs is one more term to sort it out. But here’s my question. Why should we give you another term if you can’t control the weather? The weather will change (or it won’t) no matter who is in office, right? So why do we need you, Barack? I’m not seeing it.”

Obama 2012: Because there’s nothing he can do.

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