LOLBama: Republicans Are To Blame For Downgrade, Economic Standstill

He did not (IIRC) actually have the stones to blame Republicans by name -- but he did blame them by reference, claiming he had warned the nation that a "lengthy debate" about the debt limit could have dire consequences, including an economic slowdown.

Unmentioned is why he and the Democrats couldn't yield more quickly on spending cuts in order to avert this outcome which he claims, retrospectively, he prophecized.

He called for, yet again, a "long-term, balanced approach" to tackling the debt crisis, the signature element of which is "tax reform," by which he means tax hikes. He also noted the need for "modest" adjustments to Medicare.

As usual, he did not explain what these "modest" adjustments might be.

He concluded with a rah-rah that "America will always be a triple A" country, and that these problems are eminently "solvable."

For good measure, he noted that there are some things a President just can't control, such as "earthquakes" and economic slowdowns in other parts of the world, but that we can control our own response to these "disruptions." (Like, for example: Tax reform.)

One of the most absurd parts of the statement was when he averred "we all know what we need to do" (or words to that effect) and that political plans were plentiful; we only lack "political will."

This from the man who continues to refuse to offer his own plan, with real numbers, and real cuts, and real political guts.

He says we all know what we have to do, and yet he refuses to state what exactly that is. We just know.

Will he be finally unveiling a plan? No. In the coming weeks, he says he will offer "recommendations" -- the same pablum with no numbers, the same gauzy "principles" designed via focus-group to be so vague as to be meaningless (and hence to alienate no voters, but also advance no actual agenda).

Leadership.

posted by Ace at 02:18 PM

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