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February 05, 2009
What "Change" Did Obama Actually Campaign On?
Bonus: Local Office Phone Numbers for Your Senators
He's now claiming the public has endorsed his trillion-dollar boondoggle by voting for change.
But is that what he actually promised?
Last October, while campaigning in Toledo, Barack Obama called for "a new ethic of responsibility." The nation's economic troubles, he said, occurred partly because "everyone was living beyond their means," including politicians who "spent money they didn't have." In his inaugural address last month, Obama regretted "our collective failure to make hard choices" and heralded "a new era of responsibility."
Now President Obama, as one of his first priorities, is pushing a gargantuan "stimulus" plan that will add around $1 trillion to the national debt and cannot possibly work as advertised. Welcome to the new era of responsibility.
Remember when the problem with Americans was that we saved too little, preferring instant gratification even when we couldn't afford it? As Obama put it in October, "we were allowed and even encouraged to spend without limits, to borrow instead of save."
Economists worried that our low saving rate made our economy and our government dangerously dependent on the whims of foreign investors. Yet on Monday, when Commerce Department data showed that the U.S. saving rate had risen sharply, from less than 1 percent of after-tax income a year ago to 3.6 percent in December, the press treated the increase as bad news.
Good article.
Is this really what The One is saying he campaigned on? I took this for a joke at the time.
Phone Numbers! Our Country Deserves Better lists them all in one place.
Maine residents -- Susan Collins wants a hello.
A Metaphor for the Spendulus? Well, probably not, but it is grotesque, and I'm just trying to find an excuse to main-post it.
A full gallon of silicone for the most grotesquely deformed fake breasts in the world.