Obama on the economy: Having his cake and eating it, too
Windy City columnist Steve Huntley today lays bare the Obama Administration's lame excuses on the mishandling of the economy. The Complete Las Vegan recommends it to you this morning for your political edification.
On the one hand, the president and his team say they inherited the worst economy since the Great Depression.
"Yet," Huntley correctly points out, "just a few months ago, the Obama camp was singing a little different tune. It was under criticism for the $787 billion stimulus package it bulldozed through Congress on grounds that massive spending was needed to keep the unemployment rate from breaching 8 percent. When joblessness hit 9.5 percent in June, Vice President Joe Biden said, "We misread how bad the economy was."
Well, which is it? Was it the worst economy since the Great Depression from Day One? Or did Obama just misread the economy?
Here's the deal: The Obama Administration doesn't have a clue how to fix the economy. And even if they did, there are elements within the White House who want to use and extend the economic crisis to re-make America into a more a "just" society -- which simply means wealth redistribution and other 50-year-old failed "progressive" ideas.
That's how we as a country, instead of working in this time of woe to create more jobs, jobs, jobs, find ourselves preoccupied with health care "reform."
It makes no sense when our president says flat-out that America's economy can't be fixed without first fixing health care. It is no wonder that the president doesn't want to answer questions from Fox News. Until the New York Times, the Washington Post, NPR and CNN begin to rise up on their haunches and ask sharper, better, harder questions, Team Obama's going to continue to bob and weave its way around the truth, which is: They don't have a clue.
