35 days to redefine America
The next five weeks, according to a Wall Street Journal story could be the most critical yet for the Obama agenda. I think that's a little understated. The next five weeks, during which Congress will be debating how to shovel billions of dollars we don't have into the economy, could be the most critical five weeks for the nation's future since, well, the Great Depression. Hold on to your hats.
Vice President Joe Biden never ceases to astound.
The Obama administration
"misread how bad the economy was" and didn't foreseeunemployment
levels nearing double digits, Biden said.
After a presidential campaign in which Democrats alleged that the
economy was the worst, worst, worst since the Great Depression
(actually it was the worst since the Carter recession of the early
1980s), what are we now to think? Yes, something else to blame on Bush;
he hid just how bad things were.
Hence, we need to spend more money
Biden was sent forth to prepare the way for another stimulus
package, which the administration now says "some economists" are
demanding. Absurd.Only 10 percent of the $787 billion from February's stimulus package is out the door. Support for President Barack Obama's
handling of the economy is eroding, so his brains (David Axelrod and
Rahm Emanuel) are calling for even more of the same. Brilliant strategy.