... in early July, Biden said "We misread how bad the economy was." This one is a bit different to explain away, since the administration billed itself as having super-genius comprehension of the problem and the necessary solutions. Now, many suspect, President Obama finds himself staring at a portrait of FDR, murmuring "Help me, Obi-Wan. You're my only hope."
What Biden meant to say, in his puckish way, [is] that they misunderstood what an economy is, and how it works. Piling up a mountain of proposed taxes, mandates, regulations, do-nothing programs and pork unseen in such dimensions since Pink Floyd floated a dirigible pig over an outdoor concert might, in fact, prevent recovery.
So do not criticize him; applaud his palaver, and hope for more.
Sunday, July 19, 2009
Thank goodness there is still one politician in the White House we can trust to tell the truth, or at least the germ of the truth. As James Lileks notes in this article,
Posted by Scott Grannis at 9:38 AM