Madness? This… is… Obamanomics!
posted at 12:45 pm on April 1, 2012 by John Hawkins
We won’t win the race for new jobs and new businesses and middle-class security if we cling to this same old, worn-out, tired `you’re on your own’ economics that the other side is peddling. It was tried in the decades before the Great Depression. It didn’t work then. It was tried in the last decade. It didn’t work. You know, the idea you would keep on doing the same thing over and over again, even though it’s been proven not to work. That’s a sign of madness.” — Barack Obama
According to the worst President in American history, “you’re on your own” economics, which apparently extended from the founding of the country until the day Barack Obama took office, didn’t work. Sure, it produced the most technologically advanced nation on the planet, the world’s largest economy, and made us into a super power, but that’s “madness” compared to Obamanomics, which cost us our AAA credit rating, has produced the longest streak of above 8% unemployment since the Great Depression, and is on track to produce 13 trillion dollars of debt over the next 10 years.
Listening to Barack Obama lecture ANYONE else on economics is like getting a lecture from Jimmy Carter on the proper way to execute a hostage rescue. What’s up next? Will we have Bill Maher explaining civility? Will Keith Olbermann be coming along to explain proper workplace etiquette? Hey, Champ, maybe this wasn’t explained to you at Harvard, but when you’re in the process of decimating the country’s economy through your own incompetence, people may be a little dubious when you tell them going a different way would be “madness.”
John Hawkins is a professional writer who runs Right Wing News and Linkiest. He’s also the co-owner of the The Looking Spoon. You can hear more from John Hawkins on Facebook, Twitter, Pinterest, G+, You Tube, & at PJ Media.