Obama advisors: Um, it might take five years to solve our economic problems
posted at 6:05 pm on November 21, 2008 by Allahpundit
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Via Breitbart, let the halo removal begin. I wonder, who’s going to be the one to tell Peggy Joseph that she might have to worry about paying her mortgage after all?
Hey, Bob? If things still look grim three and a half years from now, rest assured, you won’t have to worry about solving those problems anymore.
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He’s a cracked crystal ball
Kini on November 21, 2008 at 6:06 PM
Four years will be long enough to get this Mistake out of the White House
two years will get us a repeat of 1994
Janos Hunyadi on November 21, 2008 at 6:07 PM
Is that Jerry Stiller?
mylegsareswollen on November 21, 2008 at 6:07 PM
What!!!!??? You mean the messiah can’t just say ‘Peace, be still’ and all our problems be solved. But.. but.. what about hope…and change….?
vcferlita on November 21, 2008 at 6:08 PM
soft bigotry of low expectations.
lorien1973 on November 21, 2008 at 6:08 PM
Obama wrote the 2012 commercials already, didnt he?
He had one ad that said “how will things be in 4 years from now?”
lorien1973 on November 21, 2008 at 6:09 PM
Yeah, BECAUSE YOU ALL ARE CAUSING IT AND NEED IT TO PUSH THROUGH YOUR DEMONIC AGENDA TO DESTROY AMERICA.
I could be wrong, though.
Mommypundit on November 21, 2008 at 6:09 PM
No maybe 4 years when the obamanation get voted out!! Then the economy might recover
grapeknutz on November 21, 2008 at 6:09 PM
Might have wanted to say nine years just to cover their asses a bit better.
OneGyT on November 21, 2008 at 6:09 PM
Where exactly is Obama hiding these days? Trying to avoid getting the stink of the auto bailout on his hands? Or did he have a breakdown when he realized all eyes would be on him to solve the mess that his fellow Dipocraps got us into?
anniekc on November 21, 2008 at 6:10 PM
Without any manufacturing jobs, I don’t think unemployment will ever drop below eight again.
Firebird on November 21, 2008 at 6:10 PM
A five-year plan from the Obama Administration? Who would have thought.
Mark1971 on November 21, 2008 at 6:10 PM
You are not wrong.
The socialism agenda push begins through setting expectations.
Kini on November 21, 2008 at 6:11 PM
Five year plan?
I’ve heard that somewhere before…
catmman on November 21, 2008 at 6:11 PM
I guess, with all this talk of BHO being the new FDR, they started looking at FDR’s actual record on the economy. Five years would be overly optimistic, by that measure.
progressoverpeace on November 21, 2008 at 6:11 PM
Oh crap. I was expecting the markets to bounce back on January 20.
Cicero43 on November 21, 2008 at 6:12 PM
Indeed.
Spirit of 1776 on November 21, 2008 at 6:12 PM
Obama is going to vote present for the next two years then he will calm the waters. But hey don’t worry the main stream media will tell us how great he is doing.
blueboat on November 21, 2008 at 6:13 PM
Heck, all of us know what to do. Why will it take four years for them to get it done? I hate on the job training!
BetseyRoss on November 21, 2008 at 6:14 PM
I guess in 2012 either BHO will have to resort to running for reelection based on his looks OR his SoS Ms. Clinton will resign her SoS job before 2012 to start running again for POTUS herself. Now that will be a fun campaign to watch.
Unfortunately for BHO, a president does not tend to retain his looks after 4 to 8 years in the Oval Office. Clinton and Bush 43 both look like badly aged cheese at the end of their terms.
Sweetness0726 on November 21, 2008 at 6:15 PM
It will take longer than four years for dear leader to learn anything
blueboat on November 21, 2008 at 6:15 PM
The Messiah can’t placate the plankton banks any sooner? Now he tells them…
Schadenfreude on November 21, 2008 at 6:15 PM
Um, that’s because you’re doing it wrong.
Oh, @#$%!
CP on November 21, 2008 at 6:16 PM
Yes if things look this bad five years from now… Governor Bobby or Governor Sarah will be solving these problems for your ;).
Illinidiva on November 21, 2008 at 6:16 PM
…or, given that we may be talkin’ about Bob Reich — the poison dwarf of political economics — the low expectations may just be the result of his point of view…get him a box or put a few phone books under his butt, and he might be more optimistic….
Puritan1648 on November 21, 2008 at 6:17 PM
You bring up a good point, but BHO will have to adjust to the Presidential equivalent of voting ‘present’. I have a feelng that we are going to see a lot of bills turn into law with no Presidential signature over the next years.
progressoverpeace on November 21, 2008 at 6:17 PM
Hah! Told ya’, he’ll spend the next 4 years blaming everything on the last 8…
Wyznowski on November 21, 2008 at 6:17 PM
No more smiley faces from the Obama operatives?
Reality sets in.
Before: “Change We Can Believe In”
After: “We Gonna Fail Bro”
fogw on November 21, 2008 at 6:18 PM
This reminds me of the newly-hired football coach who, when asked how long it would take to make the team a contender, replied “Four years.”
Late, after he was fired, he was asked why he said “Four years.”
“Because I had a three year contract. If I had a four year contract I would have said five years.”
SteveMG on November 21, 2008 at 6:19 PM
Every time I hear or see Robert Reich, I feel strangely compelled to skip down the yellow brick road. Indubitably.
Sugar Land on November 21, 2008 at 6:19 PM
Obama is Clinton 2.0 with the actual Clintons at his side!
Bailouts and universal health care galore! Of course the economy will not fix itself with these liberals.
jencab on November 21, 2008 at 6:20 PM
President-elect Obama explained this over 2 weeks ago during his historic victory speech before millions in Chicago.
Oh yes, I’d imagine you people missed it…
benny shakar on November 21, 2008 at 6:21 PM
Robert Reich is to the economy what Chevy Chase is to film.
jaleach on November 21, 2008 at 6:21 PM
Republican ad 2012
Are you really better off now than you were pre-election 2008?
canditaylor68 on November 21, 2008 at 6:21 PM
The economy will only get worst with these over reaching liberals our only hope is in two years America will wake up and say never again to these liberals.
blueboat on November 21, 2008 at 6:22 PM
Dang, beat me to it.
However, if it’s going to take five years, then we certainly can’t take the risk of a change of administration in four. So let’s just cancel the next election.
rbj on November 21, 2008 at 6:23 PM
BWAHAHAHAHAHAHAHAHA!
God, you’re an idiot!
jaleach on November 21, 2008 at 6:23 PM
I guess I’ll give him four years and an option on the fifth.
Nice to see mini-American Robert B. Reich back in the news.
JammieWearingFool on November 21, 2008 at 6:24 PM
Are we still on target for taking us off oil in ten years then?
catmman on November 21, 2008 at 6:24 PM
BHO has been on all sides of every issue. He is an outright fraud who has no idea what he’s doing.
And I caught his speech. It was downright creepy, as has been mentioned by some media retards who covered for him to get him elected.
progressoverpeace on November 21, 2008 at 6:25 PM
Every speech he gave was “historic”.
Now he has to actually do something which he has absolutely zero experience doing- lead.
Talking times over, Benny. And by the looks of his agenda and his cabinet, you moonmaidens have been had.
Chuck Schick on November 21, 2008 at 6:26 PM
McCain was going to balance the budget after one term HA HA HA HA HA THAT WAS A GOOD ONE
Dave Rywall on November 21, 2008 at 6:27 PM
Only ultra liberal elitists, like you, address others with “you people”. I see it in business too, in e-mails addressed with “All” or “People”. Once I see that, I delete them immediately because it’s your entire sheep-like mindset, and exactly all which goes against my independent grain.
Schadenfreude on November 21, 2008 at 6:27 PM
Is too early for me to start making my campaign signs:
Sarah ‘08- We need Hope and Change
?
terryannonline on November 21, 2008 at 6:27 PM
It’s been twelve long years for Bobby seeing as how he’s been emptying garbage cans at Brandeis University, failing miserably running for office in Taxachusetts, and penning books no one reads.
jaleach on November 21, 2008 at 6:27 PM
Ha! Meant Sarah ‘12
terryannonline on November 21, 2008 at 6:27 PM
The real leftie plankton banks have been soo farked. Would it not be so detrimental for the country, and the world, it w/b fun to observe.
Schadenfreude on November 21, 2008 at 6:30 PM
He’s voting present.
rightside on November 21, 2008 at 6:31 PM
The lunatic Congress and idiot messiah are still going to kill the economy, and probably the dollar. We might as well have gotten the whole show.
progressoverpeace on November 21, 2008 at 6:33 PM
The left wanted to stop the corrupt Hillary and the Clintonistas so they voted for Obama who, among other promises, would “end the war in Iraq” (i.e., surrender) and turn back those evil national security and detention policies of the malevolent Bush neocons.
Oops.
SteveMG on November 21, 2008 at 6:35 PM
That would be an improvement over his stated plans.
Count to 10 on November 21, 2008 at 6:36 PM
Surprise, surprise . . . Obama and his warmed over Clinton goons aren’t able to provide timely solutions to the economic problems. Thank you enlightened voters. Now, on the count of three each of you extract your head from your backside and see what you have thrust upon us . . . frightening isn’t it?
rplat on November 21, 2008 at 6:37 PM
We are cautioned by the Obama team against high expectations.
We are cautioned by the Obama team, a staff of Harvard graduates, Yale graduates, an assortment of other Ivy-League graduates, against high expectations.
There’s something wrong here.
Arbalest on November 21, 2008 at 6:37 PM
FIFY
thomasaur on November 21, 2008 at 6:37 PM
And Obama is about to go down in history as the first world leader to ring up a trillion dollar deficit.
Im sure McCain will be laughing with you from his mansion next to his hot beer heiress wife.
History’s about to serve Obama a crap sandwich with a diarrhea chaser. He’ll get about a 6 month grace period from the public then they’ll want his head.
Just ask Jimmy Carter.
Chuck Schick on November 21, 2008 at 6:40 PM
According to Wikio, I’m 83 spots higher than Robert Reich on most popular blogs.
Heh. And I’m 6-3, so that means I’m at least 24 inches taller than him.
JammieWearingFool on November 21, 2008 at 6:41 PM
Sorry, that’s only 81 spots ahead of Reich. What do you want, I’m drinking already.
JammieWearingFool on November 21, 2008 at 6:42 PM
Ummmm…shouldn’t that be sub-compact American Robert B. Whozits?
What Osama Obama “explained” to many of us is that he has no right to be anywhere near any kind of decision-making position.
The next ten years are going to be rough for all 57 states.
MrScribbler on November 21, 2008 at 6:43 PM
uh, Kramer has been saying it for months. This is not news.
johnnyU on November 21, 2008 at 6:45 PM
‘O’ already fixed global warming, the economy should be cake.
TinMan13 on November 21, 2008 at 6:45 PM
It will take at least one re-election, of course.
And if the economy gets worse in the next four years, it will all be BUSH’S FAULT!
29Victor on November 21, 2008 at 6:46 PM
So, Obama advisors, since you recognize its going to take a while to fix do they still plan to $%#$^% it up by raising taxes?
Why yes we do, thank you.
johnsteele on November 21, 2008 at 6:47 PM
Government by trial balloon.
Skandia Recluse on November 21, 2008 at 6:51 PM
Oh, i dunno…let’s see.
A] get Congress to authorize a 5 year extension to the Bush tax cuts…
B] lower the Cap-gains tax to 10%…
C] lower the Corp-tax to 10%…
D] public repudiation of ‘cap-and-trade’…
E] sponsor a FEDERAL ‘right-to-work’ law…
F] declare a 5 year moratorium on all eco-litigation involving energy (and energy resource) production…
G] declare intent to negotiate free trade agreements with any democratic state that wishes to do so…
H] make a ten-year moratorium on internet taxes…
I] add ten years to all CAFE targets…
J] sponsor ‘loser-pays’ tort reform…
Hmmm…that ought to be a good start. If everyone agrees, it shouldn’t take more than a month. Now then, wasn’t that easy…
Then we could have a 1] growth-oriented economy, 2] lots of people making money [at least the ones who want to work...], and 3] the government gets lots of tax income.
Ooops…I forgot. Our new ‘Dear Leader’ is only [truthfully] interested in one of the three above…
CPT. Charles on November 21, 2008 at 6:51 PM
Ah, I see. So the misery index gets resurrected the second His Majesty is inaugurated, but we have to re-elect him and his thugs to see any actual “change.”
Very interesting. BUT STUPID!
Good Lt on November 21, 2008 at 6:54 PM
Oh yeah…here’s a good joke to use for the next four years:
Q; ‘What’s the difference between a Tootsie Roll Pop and an Obama voter?’
A: ‘Not a damn thing, they’re both suckers.’
CPT. Charles on November 21, 2008 at 6:56 PM
BTW-
take a look at what’s awaiting Obama in year one:
http://reasonpad.com/?p=1719
(Do yourself a favor… do a few shots of Wild Turkey before you read this, especially if you work in retail or advertising).
Chuck Schick on November 21, 2008 at 7:00 PM
Just speeches, just words. Why is he still campaigning?
Why haven’t the libs figured out yet that this man has absolutely no idea what to do and never did. He sold them a bill of goods and now they are calling in their markers. Let’s see how long the masses can stay quiet (i.e. Jesse Jackson). Maybe five months, but not five years. Your campaign promises have spun out of control, haven’t they?
He is not worried about restoring confidence to the public, he is only worried about not having to call the UHaul in 2012.
sherry on November 21, 2008 at 7:05 PM
And the post coital glow fades….
blatantblue on November 21, 2008 at 7:07 PM
A 5-year plan. How convenient, since elections are scheduled every 4 years. That means in 2012, they can say, our plan comes to fruition next year if you re-elect us.
Unfortunately for the obama, the voting public doesn’t have that same sense of a 5-year patience. If the economy is not humming right along by March 2012, at the latest, it will be too late for them. And the very thing that brought them to power, will cost them power. The bad economy giveth, and the bade economy taketh away. It’s poison for any sitting party.
keep the change on November 21, 2008 at 7:09 PM
…..And in other news, Obama is actually Hillary in drag. Welcome to the party, little man. We’ve missed you.
HornetSting on November 21, 2008 at 7:09 PM
RRRRRRRRRAAAAAAAAAAAAACCCCCCCCCCCCIIIIIIIIIISSSSSSSSSSTTTTTT
Love it.
HornetSting on November 21, 2008 at 7:10 PM
The reason we can’t expect anything to happen in the next four years is because Obarfy will start campaigning for the 2012 election on February 1st, 2009.
Bishop on November 21, 2008 at 7:11 PM
I think you may have coined a new phrase.
CP on November 21, 2008 at 7:12 PM
Lol. I think that issue is what will ultimately push Palin to the Republican nomination in 2012. We’ll be using more foreign oil than we are today, and she’ll be uniquely positioned to take advantage.
BadgerHawk on November 21, 2008 at 7:15 PM
Is that five years in human years or five years of dog years (35 years)?
eaglewingz08 on November 21, 2008 at 7:15 PM
And here I thought an anonymous dude who just happens to be black and whose greatest accomplishment was writing an autobiography was actually capable of bending the cosmos to his will.
Where did I go so wrong? *walks off, muttering*
Bishop on November 21, 2008 at 7:17 PM
Looks good. I wish we could have it.
As I have said many times, good is the exact opposite of what the Democrats have declared they will do.
Count to 10 on November 21, 2008 at 7:22 PM
That’s right — it’ll be a one term Obama presidency, guaranteed.
Richard Romano on November 21, 2008 at 7:23 PM
Uh…it seems that the idiots of this country are the only ones mass producing…more kids, more idiots, more Obama voters…
It’s a v-gina…not a Pez dispenser.
HornetSting on November 21, 2008 at 7:35 PM
I have heard of 5 years and economic plans before.
rob verdi on November 21, 2008 at 7:37 PM
I looked at the ocean, and Obama has caused the seas to fall. Surely he can fix the economy, health care, and terrorists who do not love us in just a couple years.
Ans where is that tax cut for the folks in the cheap McMansions in my neighborhood?
Right_of_Attila on November 21, 2008 at 7:44 PM
Reich’s eye flicked up when he said “five years…”. The Body Language Pundit says he was saying “You do know you have to give Obama two terms, don’t you?”
eeyore on November 21, 2008 at 7:49 PM
This is so funny Obama is a good con man What did he do? nothing. Obama got It made for the rest of his life.The big con
Denniscat on November 21, 2008 at 7:57 PM
We deserved this honesty exactly one month ago during the early voting.
At least I voted McCain-Palin!
HotAirJosef on November 21, 2008 at 7:59 PM
“Five” its a magic number.
RobCon on November 21, 2008 at 7:59 PM
That sounds about right.
First 1-2 years making the problems worse by trying to play FDR.
Next 1-2 years, after a major course change(maybe socialism ain’t so hot and capitalism done right ain’t so bad after all), recovering from that.
Then, with the major course change still in place, solving the problems.
MB4 on November 21, 2008 at 8:11 PM
Reagan started off with worse economic conditions than now, and solved them in TWO years.
It’s not a matter of time, but knowing what you’re doing.
Reich is basically telling us: “Obama doesn’t know what he’s doing, but you’re stuck with him now.”
Steve Z on November 21, 2008 at 8:13 PM
Ya know, if we wanted to solve these problems in less than five years, we could have had McCain! But the voters wanted “change”. A few pennies left in their pockets.
Steve Z on November 21, 2008 at 8:15 PM
Research is what I’m doing when I don’t know what I’m doing.
- Werner von Braun
MB4 on November 21, 2008 at 8:20 PM
“BUT WE WANT FIXES NOW!!!” – The HotAir readership
Hey, remember when you guys blamed Obama for the economic downturn when Bush is, in fact, still President? And remember how you guys didn’t mention it today when the stocks rallied after Obama’s announcement of Treasury Secretary? Good times.
Nonfactor on November 21, 2008 at 8:22 PM
Politics is the art of looking for trouble, finding it everywhere, diagnosing it incorrectly and applying the wrong remedies.
- Groucho
MB4 on November 21, 2008 at 8:22 PM
The Democrats economic incompetence will be so blatantly obvious in four years that there’s no way they’ll get a second term—unless the Republican Party continues along their present course; in which case we’ll be screwed either way.
FloatingRock on November 21, 2008 at 8:23 PM
What’s sauce for the goose is sauce for the gander.
MB4 on November 21, 2008 at 8:24 PM
Well, my investment accounts and my retirement plans would dearly love to see economic recovery within TWO years, but that would happen only if Obama is smart and brave enough to dump or defer his taxing, spending and wealth redistribution plans.
And if the economy is still bad four years from now, the Obama administration and Democrats will blame it all on Bush. Whether the argument will pass muster with the electorate then, who knows.
Dr. Bob on November 21, 2008 at 8:26 PM
Hmmmmmmmm Not sure what to think about the job situations. We can’t do much but wait. Wait, wait………………
sheebe on November 21, 2008 at 8:27 PM
My professional diagnosis is that unless they receive high and repeated doses of electroshock therapy they will. So time for all good men and women to crank up the juice!
Sigmund on November 21, 2008 at 8:28 PM
Five years to recover? Only if a Republican is elected in 2012 and institutes free market policies. Democrat socialism will never lead to a recovery.
Phil Byler on November 21, 2008 at 8:56 PM
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