Obamanomics: "Pabulum"

So writes Fred Barnes.

I would say it's worse than "pablum." Frequently, it's simply a flat-out lie:

Obama also seems misinformed about America's economic record in recent decades. Prosperity was "fleeting," he said, but "our strategy is to ensure that we do not return to an economic cycle of bubble and bust." Again, this was in his text.

If he's talking about the past quarter-century, most Americans would love to return to that era. From late 1982 well into 2007, we experienced one of the greatest economic booms in the history of the world, interrupted only by two shallow and brief recessions. Prosperity wasn't fleeting. It was practically non-stop--until the housing bust and credit crisis hit last year.

An incredible period of growth, sustained over a quarter century, is termed "fleeting."

This is the true Obama. He is entirely unlike Clinton. His dream -- long and deeply held -- is to entirely remake America under the socialist models preferred by his mentors Frank Davis Long, Bill Ayers, and Sol Alinsky. It is for that reason he is compelled to contemptuously dismiss a nigh-uninterrupted quarter century of vigorous growth and innovation and prosperity as merely "fleeting." His goal is destroy America's economy and rebuild it along lines more pleasing to his socialist idols, and to do so, he must first lie about its history and convince the public they've been living lives of desperate squalor except for a brief phase of "fleeting" prosperity, which I suppose occurred for about a year before the market crash.

The lie must be rejected.

Thanks to EdwardR.

posted by Ace at 02:27 PM

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