“As Obama holds jobs summit, frustrated left complains about slow growth.” This headline appeared at Foxnews.com last Thursday, and it was at least the fourth time in a week that I had noticed America’s left-wing expressing concern over the Obama economy.
The weeklong liberal’s lament seems to have started last Sunday with Arianna Huffington. While noting Obama’s televised address about Afghanistan, the liberal pundit stated that instead, the President should be addressing the nation about a “jobs bill.” And with this, the unhinged Huffington then cried out “Can someone in the White House Priorities Department please hit reboot?”
Well, a “jobs bill” has already been thrust upon us. It was loosely referred to as an “economic stimulus” bill, it had a staggering price tag of a reported $787 billion, it became law in February, it was lauded as a “major legislative victory” for President Obama.
And less than three weeks ago the Obama Administration was still crowing about the numbers of jobs that had either been “created or saved” by that very stimulus bill.
But things seem different now. To put it in contemporary liberal media terms, “the narrative about Obama” has begun to change. And it seems that even the most ardent of Obama fans – that is, the American left wing -is waking up and realizing that the Nobel Peace Prize-winning man who some regard as quasi-deity, may nonetheless not know what he’s doing with economic policy.
I’m not saying “I told you so” about Obamanomics. I could not have predicted months ago how good or bad the economy would be right now, and those who claim to predict such things often overlook an essential reality : economic activity is, by its nature, unpredictable, and risky.
But I have noted over the last couple of years Barack Obama’s approach to economic policy, which is, to say the least, “heavy-handed,” and I have also noted his apparent disdain for private sector enterprise. And I did state earlier this year that what was shaping-up to be the President’s economic platform was not something conducive to economic growth and job creation.
And now, to paraphrase the President’s former Pastor Jeremiah Wright, Barack Obama’s “chickens” appear to be coming home “to roost.”
Austin Hill is an Author, Consultant, and Host of "Austin Hill's Big World of Small Business," a syndicated talk show about small business ownership and entrepreneurship. He is Co-Author of the new release "The Virtues Of Capitalism: A Moral Case For Free Markets." , Author of "White House Confidential: The Little Book Of Weird Presidential History," and a frequent guest host for Washington, DC's 105.9 WMAL Talk Radio.