We all know that the economy is crumbling. Of that there's no doubt. I personally have friends losing their jobs by the week and it's gotten to the point that I hardly ever open my email anymore because it's depressing seeing friends losing jobs (through no fault of their own) and not being in a position to help them.
But at some point, SOMEONE has to stop talking down the economy.
Obama has been talking down the economy for so long, including after his illegal ascension to the White House, that he seems to be "stuck on stupid" in that the only word that exits his piehole is "crisis" in describing the economy.
Now, I'm not in much of a position to give the Republican's advice. I'm a Conservative. I'm HARDCORE Conservative and I left the party back in 1990 after Bush #1 broke his promise not to raise taxes during that economic recession.
But if I were to give the Republican Party any sort of advice it would be this: stop talking the economy DOWN. Do not use the word "crisis" and stop comparing today to the depression. It's not the same thing fundamentally.
If we are on the virge of having another "Morning in America" then the Republican Party needs to link Obama to Carter. For example, "This is the worst economy since the Jimmy Carter recession.
That statement in fact, is true. We are on the virge of hyper-inflation with the way this administration has been printing up money and piling up debt.
Talking point #1: For all the Democrat's criticism's of Bush leaving a Trillion Dollar Deficit, the Obama Administration has more than DOUBLED it in his first 30 days in office. How did they do that? Expansion of Government spending programs and turning on the printing presses, just like the Carter years. Add it up: $787,000,000,000 in "Economic Screw-The-Rest-Of-Us" Government spending (aka: stealth reparations) + another $250,000,000,000 in "mortgage rescue" (aka: stealth reparations) means more than a TRILLION in Deficit Spending, and additional debt on our children and grandchildren. We haven't even added the approximately $350,000,000,000 to "fund" that debt, bringing the total up to about $1,400,000,000,000 (That's $1.4 trillion dollars) That's Generational THEFT.
Talking point #2: Anyone who's opened a credit card statement in the last month or so has seen their credit card rates skyrocket. I opened up my Capital One credit card statement yesterday and found that for "economic reasons" Capital One boosted my Platinum card rate from 7.9% to 17.9% even though my credit score is above 800 and I pay my bill IN FULL each month. That's double-digit inflation for credit card holders, and we haven't seen rates skyrocket like that since the Carter years. Millions of Capital One card holders got that notice this month from what I've read online, and other credit card companies are about to follow suit. (Watch out Bank of America and Chase card holders, you're next!) Funny thing is, Capital One received $3.5 BILLION in TARP funds, and went ahead and jacked up rates anyway. Talk about screwing their cardholders twice.
Talking Point #3: By the Democrat's own predictions, unemployment is going to reach approximately 10% before the economy gets any better. When is the last time we saw double-digit unemployment combined with double-digit inflation (and hyper-inflation?) That's right, it began in the Carter years.
I'm old enough to remember gas lines for blocks, double-digit mortgage rates, 18-20% CD rates, hyper-inflation and the creation of the "Misery Index" under the Carter Administration. I see so many parallels between today and the Carter Years it's downright scary.
Which brings me to talking point #4: IRAN. We had the hostage crisis under Jimmy Carter, in which 52 American's were held hostage by Iran for 444 days. It was only after Reagan was sworn into office that the Iranian's released the hostages, for fear of Ronald Wilson Reagan. Today, Iran is literally holding the United States and the rest of the world hostage with a rogue nuclear program, and stated intentions to "wipe Israel off the map." We are now seeing a member of the U.N. (Useless Nations in my book) threaten another member of the U.N. and ally of the United States with complete, total, nuclear destruction. The last time we saw this kind of brashness from Iran: This again smacks of the Carter Administration. Iran must be curtailed and stopped, which will not happen under a Democrat administration.
If the Republican's stick to the above four points and link Obama to Carter, I think they'd have a real chance of taking back the House in 2010. The Senate is very questionable due to the fact that the Republican's are still defending more seats than the Dem's in 2010. The Republican's first real chance to get the Senate back may be in 2012. Having said that, simply getting the House back may be enough to stall Obama until the 2012 elections --- if this country has that long.
Just my .02
But at some point, SOMEONE has to stop talking down the economy
That, as Hannity pointed out this week as he choked while praising the man, is Bill Clinton.