I listened to his talk earlier today and heard a lot of what we’ve heard from him many times before: more government spending on “infrastructure” (has he already forgotten that even he could find almost no “shovel-ready” projects?), more unemployment benefits, more class warfare, etc.
While he talked, the stock market dropped. The more he talked, the more it dropped and kept dropping after he finished. Final damage tally: Dow average down more than 630 points today. He’ll probably blame the Tea Party and corporate jets.
He threw veiled jibe after veiled jibe at Republicans, Tea Partiers, and anyone who dares even question any of his ideas. He criticized a lack of compromise. Is a talk filled with subtle insults against the people you need to compromise with likely to lead to compromise?
Did anyone see Obama compromise on Obamacare? Nearly every poll before, during and after the Obamacare debates showed strong majorities opposing it. Strong majorities still oppose it, according to most polls. We hear no compromise from Obama on Obamacare, no concern that huge numbers of people oppose it.
And today we heard no compromise from him on the economy, taxes, or spending priorities.
He laments lack of civility, yet leaders of his own party recently accused people who opposed raising the debt ceiling of “acting like terrorists” and launching economic “jihad.”
Maybe they opposed it because they’re not crazy. Excessive spending and borrowing have dug the fiscal hole. More spending and borrowing will dig it deeper. Digging deeper is no way to climb out of a hole. Sane people know this.
Every jibe Obama threw at others applies to himself. He’s so blind – or maybe so crazy – he fails to realize this.