“…history is that of the propagandist, a potent mix of selective truths, exaggeration and falsehood …” – Gerald Warner
Democrats thrived for decades by targeting Herbert Hoover as a scapegoat. Franklin Roosevelt’s political party gained seats in the midterm election of 1934, with an unemployment rate over 20%, because voters perceived the Democrats as trying to lift the country from a depression not of its making. It is now widely recognized by conservative commentators that Roosevelt’s economic policies actually prolonged the Great Depression.
The Democrats are still using the same Keynesian playbook. Barack Obama won a decisive victory in November promising to rescue the ailing American economy through public spending and to reform the health system with government at the core. Despite our President’s many failures and broken promises, we do admit that he has certainly succeeded in spending money.
Obama is notorious for scapegoating George Bush – another trick borrowed from the Roosevelt playbook. Barack Obama, who promised America three million new jobs during the campaign, went on to submit the largest deficits in recent memory, and is on track to nearly double the national debt in record time, continues to blame George Bush — not just for Dubya’s inexcusable deficits, but for Obama’s own new unsustainable ones. Obama’s bizarre logic is: “Bush’s appalling deficits made me increase them by a factor of four.” When the Spender-in-Chief expects the public to believe this nonsense then we have about as much hope of economic improvement as we would have under Jimmy Carter.
Early in 2009 Obama promised that his nearly-trillion-dollar stimulus plan would keep the unemployment rate below 8%. Republicans noted that a January 2009 report by the Obama transition team said that without a large stimulus plan, unemployment would go above 9%. It is now above that level, and has been for quite some time despite passage of the stimulus plan. Obama pledged that “a new wave of innovation, activity and construction will be unleashed all across America.” He also said the stimulus would “save or create up to four million jobs.” Vice President Joe Biden said the massive federal spending plan would “drop-kick” the economy out of the recession. Where are these jobs?
When Obama’s economic plan failed, he pointed the finger directly at the Republicans. Lest we forget, then-candidate Obama voted for the bank rescue plan in September 2009 and went on to praise it during the rest of his presidential campaign. Yet a few months later, on 8th January 2010 at the Brookings Institution, the now-President Obama called the plan “flawed” and blamed “the last administration” for launching it “hastily.”
You have to be pretty quick on your feet to keep up with the Democrats and their excuses. They expect the populace to forget about drops in real unemployment figures and instead marvel of theoretical jobs saved. The President flip-flops on everything from evil Wall Street bankers now suddenly good, or bad nuclear power now vital, to offshore drilling is verboten now necessary and back to being outlawed again.
Obama administration’s excuses for their failed policies have a slimy characteristic. Our President said last year that the government’s fiscal stimulus program has helped create or save almost 650,000 jobs. “We’re moving in the right direction. We’re starting to make real progress on the road to recovery,” Vice President Joe Biden said. “Quite simply, the Recovery Act is performing as advertised.” Obama said the economy is starting to recover, that “we are turning the corner,” but cautioned that jobs are a lagging indicator of any recovery. Apparently, President has designed an economic recovery in which one of sixteen citizens are out of work.
But don’t worry. Obama called high employment “my administration’s overriding focus.” “Having brought the economy back from the brink, the question is how are we going to make sure that people are getting back to work and able to support their families,”
Instead of an economy “brought back from the brink” unemployment has hit double digits for the first time in more than a quarter-century. The rate reached 10.2% in October 2009, and President Obama assured us he’s very, very concerned. Obama said. “[Full employment] is not going to happen overnight, but we will not rest until we are succeeding in generating the jobs that this economy needs.” Obama promised to focus on creating new jobs “like a laser beam.” Another broken promise.
Vice President Biden predicted in April 2010 fundraiser that the U.S. economy would be adding up to 500,000 jobs each month “sometime in the next couple of months … All in all we’re going to be creating somewhere between 100[,000] and 200,000 jobs next month, I predict,” Biden said, according to a press pool report, adding that he “got in trouble” for a job growth predictions in previous months. “Even some in the White House said, ‘Hey, don’t get ahead of yourself.’ Well, I’m here to tell you, sometime in the next couple of months, we’re going to be creating between 250,000 jobs a month and 500,000 jobs a month.”
Mr. Vice President, that’s over three million jobs you’ve promised (again) for 2010! Obama’s laser-like focus actually created only 41,000 jobs in May. More broken promises.
Unemployment is still near 10%. GM is being run by the White House. The budget deficit has quadrupled. Many industries are facing punitive fiscal penalties via cap-and-trade legislation. Energy prices are soaring. The U.S. Treasury is being run by a tax cheat. Barney Frank and Chris Dodd are still running roughshod over the Wall Street mess that they created.
Is there any reason to trust the Democrats further?