Saturday, July 11, 2009

Obama's Mission Accomplished Moment

Obama gave his Radio Address on the stimulus, and Hot Air debunks the multiple lies in it. Obama said his $787 billion stimulus bill “has worked as intended.” From Roger Simon:

Cantor recently said the stimulus bill was “full of pork- barrel spending, government waste and massive borrowing cleverly called ‘stimulus.’ The plain truth is that President Obama’s economic decisions have not produced jobs, have not produced prosperity, and have not worked.”

One look around us and it’s hard to deny that. The stock market these days would seem to be agreeing with Cantor too. Meanwhile, Obama is now trying to reassure us by insisting his $787 billion stimulus bill “has worked as intended.”

Obama's "I wouldn't do anything differently" are EXACTLY the kinds of hubristic statements that got Bush into trouble in Iraq. It may be early to predict, but I think saying the stimulus "has worked as intended" at a time of 9.5% unemployment is a 'mission accomplished' moment for Obama. Actually, that would be unfair to Bush, since there was some accomplishment to tout (toppling Saddam), whereas here, there is zero evidence of economic progress since February - at best, the economic deceleration has slowed (but not even stopped). President Delusion as "Stop the ACLU" calls it. RNC made an ad "Nothing" mocking Obama's "there's nothing we'd do differently" statement.

The numbers are in - Government intervention has not helped the economy:

In response to bad news like this, the Obama administration is moving the goalposts, changing the definition of success.

The bad June jobs report coincided with a fall in Obama's popularity. Now that people are beginning to get it - "huh, the stimulus didn't work", will they connect the dots and realize that Obama's entire domestic agenda - cap-and-trade, socialized healthcare, trillion-dollar deficits - is a dagger pointed at American prosperity? They are beginning to notice that Washington is going the wrong way.

Pundit and Pundette have the same reaction.

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