I’m back! I’ll tell you more about why I’ve been gone (if you care) at the end of the post. First, on to the lie of the day:
Over the weekend Joe Biden started building the case of excuses for the Obama administrations inept handling of the economy. In an interview Sunday Biden said:“everyone guessed wrong.”
Ummmm, excuse me Vice President Biden but not “everyone” guessed wrong. In fact, the very economists who you claim “guessed wrong” knew that what Obama advocated for would have a dismally ineffective impact on the economic situation.
At the risk of saying “I told you so” loudly enough so as to be heard over the cacophonous echoing that is the noise of an empty political head like Joe Biden, let me say “I told you so” and Christina Romer, one of the very economists that Biden refers to, told you so!
Please reread this post where I provide the link to Romer’s own research that showed that “stimulus” at best gets a 1X multiplier while tax cuts provide a 3X multiplier. Also, please reread this post where I link to Romer’s own research that showed that stimulus packages don’t work because the government applies them to the wrong things and does so too late to have any effect.
Well, now that I think about it maybe I have to agree with Joe that everyone did “guess” wrong! But isn’t that just the problem? Regardless of the issue the Obama administration doesn’t want to be constrained by facts. The Obama administration is more focused on what they want the world or the particular situation to be rather than the reality of it. The result is that they continue to bumble and stumble their way around “guessing” at what they can do rather than using knowledge, facts and the information their very own people have, to deal with the issues they confront.
Perhaps the greatest irony of this whole issue is that Obama claimed his administration would be one that really focused on the facts and not emotion as he stated in his inauguration speech: “We will restore science to its rightful place.” Stay tuned for a lot more problematic “guessing” as Obama tries to solve the health care “crisis” and the global warming “crisis.”
Where have I been? Well, if you must know (we must, we must (my homage to “Blazing Saddles”)), I have been working on an intraparty campaign in MN. I worked for the Dave Thompson campaign as he ran for the State Party Chair of the Minnesota Republican Party.
Dave was a fantastic candidate who really connected with the grassroots of Minnesota. He forced the entrenched machine candidate to commit to an open and inclusive party process, something the machine candidate has personally fought for years.
In the end, we didn’t prevail. However, Dave’s message, charisma and candor reinvigorated a large number of folks who had nearly given up on the MNGOP. We’ll now wait and see whether the new chair keeps to his campaign commitments and embraces all activists who believe in liberty and conservatism. If not, we’ll see if he reverts to his previous exclusionary approach which will cause the MNGOP to fracture and allow a blue state that should be red to be permanently dyed blue. Stay tuned, the state convention is in September, we’ll know then!