"Barack Obama’s senior advisers have drawn up plans to lower expectations for his presidency if he wins next week’s election, amid concerns that many of his euphoric supporters are harbouring unrealistic hopes of what he can achieve. The sudden financial crisis and the prospect of a deep and painful recession have increased the urgency inside the Obama team to bring people down to earth, after a campaign in which his soaring rhetoric and promises of “hope” and “change” are now confronted with the reality of a stricken economy."
Sudden financial crisis my arse. Obama's promises have never passed the smell test and there never was a way to raise the $450 billion or so needed annually f0r his $4.2 trillion worth of a harebrained schemes, no matter what the economy does.
His tax hikes on the "rich", the definition of which gets lower by the day, don't even begin to make a dent in the current debt much less the socialist nonsense The One has been peddling. It's the spending, stupid.
I guess Obama has concluded that he's wrapped up as much of the Bubblehead vote as he's going to get with his snake oil economics. Now he's trying to figure out the least damaging way of putting the shiv in their backs.
No comments:
Post a Comment