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June 07, 2011

Let's Play "Guess the Country"

Continuing with the no-Weiner-but-all-boned diktat from the Head Moron, here's a pretty good summary of what ails some random country:

_____________ has become the poster child of an Entitlement Society – the public sector has extended everywhere and private capital has been crowded out by the need to keep the public sector employment in place

Take a guess. Answer below the fold.


Anyone who said "Portugal" move to the head of the line. Anyone who thought this referred to the U.S. or another E.U. country go and stand right beside them, because it may as well have.

As a matter of fact, that article reads pretty well if you substitute "the United States" for "Portugal" all the way through.

I believe we may have found a rare accomplishment to credit President Obama with. He campaigned on making us less cowboyish and more like Europe. In that regard he has succeeded beyond all expectations. Succeeded in making us equally bankrupt, that is.

I mean, he must have chalked it up as a success. Otherwise, why would he stop taking daily economic briefings?

At some point during the first two years of his administration, President Obama stopped receiving the daily economic briefing that he requested when he took office.

...

“The president asked that this be added every day to his schedule,” Gibbs said at the time. Gibbs added that Obama believed it is “important that each day he receive the most up to date information as it relates to the economy.”

Hey, the man gave umpteen speeches on the economy and levered us up a few trillion dollars. So problem solved, right? Why it would be downright unreasonable for us to expect him to work his handicap down with a standing meeting on his calendar every. damned. day.

(Thanks to Slu for that last part. Like Austan Goolsbee, I was looking for an exit)

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posted by Andy at 01:27 PM

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