Obama Economic Policies Face Dark Future
Obama Administration Sinks DeeperSomewhere Jimmy Carter is secretly smiling as the Obama administration sinks deeper into the economic abyss.
One would think the administration would perform better spin with the dismal monthly job report each month. They're getting so much practice facing the music.
Starting with abject delusion and moving on to dismissiveness, grudging acceptance, tired clichés and finally self-pity, each time the bad news hits the media the administration appears more reckless and amateurish.
Remarkably In the last four years Obama has successfully finessed the issue. At some point however, all the excuses in the world will make the administration look plain feeble.
Can That Day Be Far Off?
Currently Obama's strategy is to deny any problem. In his fourth year, more American workers went on Social Security and disability than got jobs.
Here's the administration's retort to all of this panic: The financial panics (2008) caused longer downturns and slower recoveries. If they were honest they would add it's the slowest recovery since WWII.
It's not the primary issue.
Has Obama accelerated or slowed the economy with his policies? That can be answered by the buoyancy of his polling no matter what the real facts are.
President Primed for a Collapse
The truth is the president is primed for a collapse that makes Carter's fall look soft. By all economic indicators, the country is sliding towards economic chaos if the debt is not addressed in a coherent and swift action.
With the full enactment of the underestimated cost and problems of Obamacare in January, 2014, the Obama administration will be left on a precarious footing heading towards the midterm elections.
This will not come about because of the White House ideology per se, but rather something simpler after five years in power.
Obama's collective judgment - He did not deliver recovery.
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