This was on stark display when he attempted to pre-empt the Republican debate with a grandiose joint session of Congress called solely for the purpose of delivering another round of economic propaganda.
He would have us believe that his speech will be of monumental import, but everyone knows, Democrats included, that it will be nothing more and nothing less than a sales job. There will be nothing new in this speech, no new ideas, no new information.
There is never anything new in any of his speeches, including the 50-plus orations he delivered on Obamacare, but he nevertheless keeps going back to the well. He has degenerated into a habitual pattern of presenting an idea and, after the public rejects it, making further speeches to convince us that we are the ones who are wrong. With each new speech, no matter the subject, he ends up with fewer supporters of the proposition in question, yet he remains oblivious to the diminishing returns he is achieving.
He's been talking about jobs incessantly since his presidential campaign began. When he presented his stimulus package, he wasn't equivocal; he betrayed no uncertainty. He didn't say to the American people: "Folks, I am recommending bold action. I realize we just spent nearly $1 trillion on TARP, but I'm asking you to trust me with almost another $1 trillion of borrowed money to try something that might strike you as a dangerous gamble. I'm not sure injecting this money into the economy will stimulate growth, but we have to try something, even if it very well may leave us in an even more precarious national debt predicament."
Instead, he assured us, with great confidence, that his plan would work and that it would jump-start the economy and get people back to work. He was so sure of his plan that he even acknowledged that his re-election would depend on its success or failure.
Back then, unlike now, he had enormous political capital and the confidence of a great percentage of the American people, many of whom trusted him.
Today we know the results of his reckless experiment. The economy and jobs are tanking, and our exploding debt portends imminent financial collapse.
But from all appearances, he remains as clueless to his economic failures and the bankruptcy of his ideas as he is to their unpopularity with the public. How much more empirical evidence will he need before he quits shoving us toward the cliff?
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