Topic: Decline of the West
It would appear that Barack Obama’s recently announced plans for the US economy—more stimulus spending and higher taxes—have failed to impress either the markets or the American. The Dow is in free fall, unemployment remains high, fears of a double-dip recession stalk the land and public confidence in the Obama Administration has collapsed.
The President’s supporters insist that it isn’t his fault. Obama inherited this mess from the wicked Bush and his sinister neocon cabal, they cry. That was former New York Times editor Bill Keller’s line in his first outing as an op-ed columnist. And it’s true that Obama got saddled with some big problems. Nobody disputes that. But it’s beside the point. Presidents are expected to deal with big problems—it’s right in the job description. People are looking askance at this president because he gives the impression that he just doesn’t know what to do.
In 2009, Obama assured the nation that his gargantuan stimulus plan (price tag: just shy of $1 trillion) would bolster the economy and tame unemployment. He promised millions of non-exportable green jobs. He also claimed that his health care reform plan would help to jump-start the economy. It didn’t happen. Instead we got a jobless recovery—economic growth too slow and weak to make a dent in the 9% unemployment rate. And instead of green jobs we got Solynrda. Thanks a bunch, Barry!
OK, sure, everybody makes mistakes. But that’s beside the point as well. The problem is this: President Obama gives the impression of a man who has thrown up his hands in frustration and cried “Screw it!”
It’s glaringly obvious that the President’s focus has shifted from the problems of the nation to a problem of his own: how to get himself reelected in politically toxic circumstances. Not being a stupid man, he must know that his phony-baloney American Jobs Act is going nowhere in Congress. If a $1 trillion stimulus didn’t work, what should anyone to the right of Nancy Pelosi vote for a $500 billion stimulus? If it’s crazy to raise taxes during a recession—as the President himself has opined in the past—why do it now?
Why? Because Obama has abandoned serious policymaking. His latest proposals are designed not stimulate economic growth and reduce unemployment, but to generate campaign issues. His shrill and dishonest attacks on “the rich” are intended to stir up class envy—nothing more. His “jobs bill,” which many congressional Democrats regard without enthusiasm and has no chance of passage, is intended to saddle a “do-nothing Republican Congress” with responsibility for the Obama Administration’s own failure.
It’s a desperate ploy, dependant for its success on the supposed gullibility of the voting public. Because, you know, Barack Obama doesn’t think much of his fellow citizens. His absurdly exaggerated self-regard is matched by an equally ill-founded contempt for the American people. OK, sure everybody makes mistakes. And Barry, you’re one of the biggest mistakes we’ve ever made. But we can fix that.