From Clark Judge of the White House Writers Group has some cogent thoughts on the passing scene: "It has been a bad couple of weeks for President Obama and his signature health care overhaul package. Now, help may be on the way, in the form of a reviving economy. But, if prosperity is returning, did the Obama Administration really have anything to do with it? And will the recovery save the President’s legislative proposal? It doesn’t deserve to, but it might...
"But now an unlikely cavalry may be riding to Mr. Obama’s rescue, or so we are told. The Administration’s bad poll numbers, the received wisdom holds, were thanks to other bad numbers -- the rising unemployment rates that accompanied the falling economy. Just in time, as Newsweek magazine trumpets on it current cover, “The Recession is over”.
"The President was quick to pick up the beat. Mr. Obama led off his recent press conference asserting, “As a result of the actions we took in those first weeks [of his Administration], we've been able to pull our economy back from the brink…. And the Recovery Act will continue to save and create more jobs over the next two years -- just like it was designed to do.” And, yes, the economy does appear to be recovering. Housing prices look to have bottomed out. Most leading economic indicators have turned around.
"But here is the catch: it is a virtual certainty that credit does not belong to the stimulus bill or any other government action since Inauguration Day. Instead, the Obama Administration may have guaranteed a shallower, slower revival than we might otherwise have experienced? How could this be?...
The rest is must-read:
http://hughhewitt.townhall.com/blog/g/48d9de43-06be-4d7e-ba8c-6b5eb364e86c
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