Crack in Sidewalk, Thought to Be from Earthquake, Gives Obama Another Excuse for Missing Economic Recovery
The President is fond of pointing out that he inherited a weak economy. That his economic policies and legislative initiatives have made a bad economy worse seems to be irrelevant.
The Commander in Chief is equally enthusiastic when it comes to blaming global disasters and market volatility for the lack of a U.S. economic recovery.
Deposed dictators, expensive oil, earthquakes, tsunamis, nuclear disasters, perpetual European crises, congressional deadlock, greedy businesses hoarding cash, the under-taxed rich and stupid Americans who aren’t consuming/borrowing enough are all holding back the Stimulus-led rebound.
Ignored as causes of the ongoing malaise are the strangling influences of an oil drilling ban, thousands of new Federal regulations, a looming national Health Care burden, ever-growing Frank-Dodd restrictions, the threat of Card Check, the possibility that Carbon will be classified as a pollutant, the loss of America’s AAA credit rating, a Stimulus Spending hangover, massive deficits, a crippling debt burden, and constant talk of tax increases. The impact of the President’s policies has apparently been marginalized by Mother Nature, greedy speculators and TEA Party members hell bent on destroying the universe by reducing the size of Government.
Today the tragic earthquake centered in Virginia is the latest cause of our ongoing economic ineptitude. It is irrelevant that very little damage resulted. Bernanke may revel briefly in the consumption bump as panicky people hoard bottled water, pampers and Slim Jims. But in the end, the earthquake will make for too good an excuse not to be used. Mother Nature simply isn’t cooperating, and until she does how can anyone hold the President accountable for his actions?
As if one disaster wasn’t enough, the looming threat of rain from Hurricane Irene should add fuel to an increasingly viable explanation for why the economy refuses to recover.
God hates America’s economy and She is punishing us for electing George W. Bush.
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After several hours of hunting, reporters found and photographed this sidewalk crack in Virginia (which may or may not have been caused by the earthquake). Until this devastation is fixed by a new National Infrastructure Bank, at a cost of a few hundred billion dollars, it is hard to imagine an economic recovery catalyzing anywhere near this particular piece of asphalt.
Should tropical thunderstorm Irene produce any perceptible rain, this venue will attempt to track down and post a picture of the recovery dampening precipitation.
Great posting Whitney, particularly the reasons the Obamao economy is a disaster. Here's a scary number I've figured out (no one else has 'announced' it) -- our federal annual deficit is $1.5T -- and it's money (printed & borrowed) going to people -- it's enough to give $30k/year to 50million people. Kind of makes one realize HOW SUNK we are -- when that federal deficit is the only thing (dangerous and unsustainable as it obviously is) keeping our economy even appearing to be chugging along with no GDP loss ! That's 12% FAKE GDP that really shouldn't be happening; our future wkg years and childrens' wkg years certainly can't afford to pay it back!!
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