Wednesday, April 04, 2012

Mean, Muddled and Mad: Barack Obama on the U.S. Economy

After the campaign speech Barack Obama delivered last Friday, a speech heavy on partisan meanness but woefully weak on facts, Peter Wehner over at the Commentary website had this to say.

You might think that a man who is on track to have the worst jobs record of any president in the modern era and is presiding over the weakest economic recovery since the Great Depression — not to mention the first credit rating downgrade in American history, the longest stretch of high unemployment since the Great Depression, chronic unemployment that is worse than the Great Depression, a housing crisis that is worse than the Great Depression, a standard of living for Americans that has fallen further and more steeply than at any time since the government began recording it five decades ago, and a record increase in the number of people who are in poverty — would be a little more careful when it came to lecturing the rest of us when it comes to what works in economics.

You might even say it was a sign of madness.