“This Economy Took A Big Hit”

In a speech at a Toledo, Ohio Chrysler plant last week President Obama, confronted by more poor jobs figures tried once again to blame his predecessor.  This must be the result of some childhood malady that everything is anyone’s fault except his own.  You know Mr. Obama this one is all you.  I agree – “This economy took a big hit” and that hit’s name is Barack Hussein Obama. 

Treasury Secretary Henry Morgenthau Jr. confessed in a 1939 Congressional hearing that “We have tried spending money.  We are spending more than we have ever spent before and it does not work.”  Morgenthau was the architect of the failed “New Deal” policies of President Franklin D. Roosevelt.  This rare glimpse of honesty from a Democrat came over 8 years after their policies had taken a depression and turned it into the “Great Depression.”  This is why anyone with any sense of economics or history opposed the economic policies of Barack Obama.  It didn’t work before and there was absolutely no reason to think that it would work if we tried it again. 

Even if you think that the United States is an unfair place and that the “rich” have too much money – what we know beyond a shadow of a doubt is that taking their money away and spreading it around doesn’t fix anything.  

Today the Economic Moron-in-Chief said “Our job is to not panic, not to over react.”  They already did that – Stimulus, Cash for Clunkers, Obamacare, and extending unemployment beyond any reasonable limit.  Remember the Congressional Budget Office telling us that we would be better off doing NOTHING than we would be if the Stimulus was implemented?  Everything they predicted is coming true.  Had Obama been doing nothing but playing golf for the last two years we would be better off today than we are with him at the helm. 

We can’t get rid of these buffoons soon enough.