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Wednesday, March 04, 2009
Tony Blankley :: Townhall.com Columnist
Obama Lied; the Economy Died
by Tony Blankley
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I am trying to capture the spirit of bipartisanship as practiced by the Democratic Party over the past eight years. Thus, I have chosen as my lead this proposition: Obama lied; the economy died. Obviously, I am borrowing this from the Democratic theme of 2003-08: "Bush lied, people died." There are, of course, two differences between the slogans.

Most importantly, I chose to separate the two clauses with a semicolon rather than a comma because the rule of grammar is that a semicolon (rather than a comma) should be used between closely related independent clauses not conjoined with a coordinating conjunction. In the age of Obama, there is little more important than maintaining the integrity of our language against the onslaught of Orwellian language abuse that is already a babbling brook and soon will be a cataract of verbal deception.

The other difference is that Bush didn't lie about weapons of mass destruction in Iraq. He merely was mistaken. Whereas Obama told a whopper when he claimed that he is not for bigger government. As he said last week: "As soon as I took office, I asked this Congress to send me a recovery plan by Presidents Day that would put people back to work and put money in their pockets, not because I believe in bigger government -- I don't."

This he asserted despite the fact that the budget he proposed the next day asks for federal spending as 28 percent of gross domestic product, higher by at least 6 percent than any time since World War II. Moreover, after 10 years, Obama's proposed spending as a percentage of GDP still would be 22.6 percent, nearly 2 percentage points higher than any year during the Bush administration despite the full costs of Sept. 11, the Iraq and Afghan wars and the rebuilding of New Orleans after Katrina.

Consider also this assertion in his not-quite-State of the Union address: "My administration has also begun to go line by line through the federal budget in order to eliminate wasteful and ineffective programs. As you can imagine, this is a process that will take some time. But we're starting with the biggest lines. We have already identified $2 trillion in savings over the next decade."

But lamentably, a few days later, The Washington Post reported: "A senior administration official acknowledged yesterday that the budget does not contain $2 trillion in spending cuts over the next decade. Instead, the figure represents Obama's total efforts at deficit reduction, including tax hikes (of more than $1 trillion) on families making over $250,000 a year. It also includes hundreds of billions of dollars 'saved' by not continuing to spend $170 billion a year in Iraq." Continued...

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About The Author
Tony Blankley served as press secretary to then Speaker of the U.S. House of Representatives, Newt Gingrich. Tony Blankley is the author of The West's Last Chance: Will We Win the Clash of Civilizations? .
 
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©Creators Syndicate
What say you now?
The market is up to its highest point in months as of March 26. So what say you now?

No Joe
Joe, you are a moron. For someone that has written a five part series on the history of economics should know a thing or two about the stock market. Our current market conditions are not an indicator that Obama’s policies are not working. First off, his policies have barley had time to make an impact at all. Second, everyone knows that the market is an emotional place. Fear is a universal emotion that is viral and people will do anything to make it go away. That being said, the plunging of the DOW is the fear of what investors can’t predict. The market can not yet figure out how to get a leg up on Obama’s economic policies and predict the future. Your notion that the DOW somehow represents Obama’s failed policies is absurd. I’m not sold on his efforts to revive our economy but I do know that it’s entirely premature to call them a failure. If you were expecting him to have this all figured out before the end of his first 100 days, you must have had a higher opinion of him than the First Lady.
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