Posted on 08/30/2011 5:52:51 AM PDT by Oldeconomybuyer
It isn't surprising that Obama and his economic advisors' predictions have been so wrong.
Obama and his advisors predicted the economy would do better — much better — than it has, and those predictions were wrong. The president blames events: the European debt crisis, the Japanese earthquake and tsunami, the political tsunami of the 2010 elections. Some of that is plausible, but the two years of anemic job and economic growth that preceded those events can hardly be blamed on them. And it's that economic performance that has scuttled Obama's plans for an easy reelection in 2012.
That sluggish growth seemed to catch a lot of people by surprise.
The media get hooked on a story line — hurricanes are getting worse because of climate change, Obama's a pragmatist doing the smartest things to fix the economy — and when the facts contradict the story line, it's, well, unexpected.
No president since Woodrow Wilson or Franklin Roosevelt has been more enamored with the cult of expertise than Obama. That none of his economic predictions have panned out is not surprising. What is surprising is that so many people are surprised.
(Excerpt) Read more at latimes.com ...
The very slow GDP growth is “unexpected”.
The high unemployment is, “unexpected”.
The out of control deficit is, unexpected.
Getting hammered for vacationing on the public dime is, “unexpected”.
deviding America instead of his stated uniting America is, “unexpected”.
Does this boob ever get anything right?
Can this moron speak a cogent sentance without his beloved teleprompter?
This pos came in with such,”hope”. And he has failed damn near everything he’s touched.
Great job ya turd.
One other undeniable fact. The Democrats cannot have it both ways. If they want to claim that Bush caused the recession, the Democrats also claimed that the recession was over last year when there was a modest upturn. So, if the economy is back in the doldrums, it can no longer be due to Bush. By their own admission, they "fixed" that problem.
The current economic failure is on the heads of Obama and the Democrats and we need to keep bringing up the indisputable above until America figures it out.
Goldberg is right, and so is Barone and Gehraty - and they are all about 15 years behind Rush in noticing this phenomenon......
>>>The left needs to believe in the authority of experts because without that authority, almost no economic intervention can be justified.<<<<
the cult of the expert is progressivism.
NOTE MY TAGLINE
To punish a province Let it be ruled by a professor “ Frederick The Great paraphrased
The actual quote was “The best way I know how to punish a province is to let it be ruled bt a philosopher”.
The circumstances were these. The country we call Germany is the Roman term to describe that area of europe.That name comes from a Roman emporer’s son Germanicus, who was killed in battle reportedly at the Elbe river.
It was never a unified state until 1871. When both Marx and Engels were prominent figures in that country Before then it was but a collection of Deutch speaking kingdoms, Hesse and Bayern (Bavaria) come immediately to mind as well as Prussia, city states Hamburg, Frankfurt Am Mainz, Dresden,and minor principalities,Swabia ,Thuringer,Saarland, Rhineland Pfaltz, etc.
In attempting to re-organize it Bismarck and Frederick had one hell of a time with the socialists led by Marx and Engels.
, .
After the Franco-Prussian war under Frederick and Bismarck it became a unified state with a central government
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