Ted, let me rephrase what I said. I would prefer that Obama state the truth, that government's power is limited and that the economy will need time to get back on its own two feet.
He has said that......you weren't listening.
Instead, Obama continues to act as if government is the solution for everything. The fact that unemployment continues to rise only signifies to Obama and Biden that government isn't doing enough.
He has said the gov't can only do so much; that there are problems beyond the control of gov't that must work themselves out. Having said that, gov'ts around the world.....China, the EU, the UK, the Aussies, Brazil, et al........have taken the lead to try to avert disaster and get us back on track. They are the only ones who can. It is a fact of life.
By the way, people who tell me that this isn't a normal recession are the same people who are advocating the usual solutions. Cut taxes, fund stimuli, pump and support the economy with dollars from a printing press, etc. Give me a break. There is nothing new under the sun.
It isn't normal in the sense we have not experienced such a severe recession in a long time. However, there are not a lot of new tricks to get us out. That's just the way it is. |