There’s a memory that still makes me laugh. I had a friend who worked the graveyard shift when I was in college. When he got off work (i.e., when I was just getting up) he took his car to the shop for a repair and had asked me to meet him there and give him a ride home.
So I was standing there when the mechanic began to explain what was wrong with my friend’s car. And my friend, wanting to see, put his hand on the radiator of the still hot engine. He leaped back holding his hand. The mechanic looked at him for a second, shook his head, and continued explaining.
Soon enough, my friend AGAIN put his hand on the radiator. With the same result. This time the mechanic looked at me and shook his head before going on.
You won’t believe this, but my friend actually did it a third time.
And the mechanic looked at him and said, “You just don’t learn, do you?”
I am here to tell you that Democrats are every bit as dumb as my friend. And the only thing more hopelessly stupid than a liberal is a liberal “expert.”
Our economy is in a state of ruin. Many of the most important numbers – such as unemployment and housing and manufacturing and consumer confidence – aren’t just as bad as they were when Obama took over, but far, far worse. And with no sign of getting better.
If you survey the history of economics, there has never been a recession that lasted forever. Sooner or later, things hit their bottoms and begin to get better. Most severe recessions last about two years. Even during the Great Depression – which in fact was a Great Depression for virtually every country on the planet – most of those nations emerged after no more than a few years. The ONLY exception was the United States of America, which was being led by a socialist named FDR with near dictatorial power. That recession/depression just went on and on and on. FOR SEVEN YEARS LONGER THAN IT SHOULD HAVE.
Franklin Delano Roosevelt was such a disaster that we actually amended the Constitution to make sure that we’d never end up with another FDR ever again. Roosevelt knew absolutely nothing about business or economics and actually thought that by punishing business he’d somehow get more employment. Like my friend, he repeated the same mistakes again and again and again, constantly expecting different results than the ones he kept getting.
And that is precisely where we are today: helplessly writhing in the grasp of a dictatorial socialist fool.
Allow me to show you how Obama, how the Democrats and how their “economists” – to put it in the words of the mechanic – “just don’t learn.”
Let’s begin with the beginning of the Obama regime, with his “stimulus” (also known as the Generational Theft Act): pork barrel spending that will ultimately cost the American people $3.27 TRILLION.
What did Obama promise you, as even the New York Times was forced to admit?
In the weeks just before President Obamatook office, his economic advisers made a mistake. They got a little carried away with hope.
To make the case for a big stimulus package, they released their economic forecast for the next few years. Without the stimulus, they saw the unemployment rate — then 7.2 percent — rising above 8 percent in 2009 and peaking at 9 percent next year. With the stimulus, the advisers said, unemployment would probably peak at 8 percent late this year.
We now know that this forecast was terribly optimistic.
According to Obama’s forecase, unemployment would NEVER rise above 8% if that massive government spending aka the stimulus was passed. And unemployment would be UNDER 7% this year. Let’s chalk that up as a great big giant “NOT!!!”
OUCH!!! That’s one hand on the hot radiator.
Obama and the Democrat Party and their “economists” continued to stuipdly talk about all the jobs he “saved.” The only problem was that “saved jobs” had NEVER IN THE ENTIRE HISTORY OF ECONOMICS BEEN CONSIDERED PRIOR TO THE AGE OF OBAMA:
Harvard economics Professor Gregory Mankiw said, “there is no way to measure how many jobs are saved.” Allan Meltzer, professor of political economy at Carnegie Mellon University said “One can search economic textbooks forever without finding a concept called ‘jobs saved.’ It doesn’t exist for good reason: how can anyone know that his or her job has been saved?”
And they went on and on with pure unadulterated totally bogus bullcrap to pat themselves on the back for what in reality was a total fiasco. They just don’t learn, do they?
“OUCH!!!”
Let’s call that a second hand on the hot radiator – even though they did it over and over and over again – and are STILL doing it as we speak.
But that wasn’t it with this pile of pure fools. If at first your policy fails, keep trying to fail more and bigger:
Obama Defends Stimulus Amid Calls For Round Two
by Mara Liasson July 8, 2009
President Obama is being forced to wade into a domestic economic debate that just won’t go away: As the unemployment rate rises, there have been calls for a second round of stimulus spending.
Obama is in a difficult position. He has to defend his $787 billion economic stimulus package at a time when there are few visible signs that it has had an effect. Unemployment is at 9.5 percent, even though the White House predicted in January that with the stimulus bill, it would rise to only about 8 percent
That’s right, boys and girls. Obama and his ilk couldn’t learn from the hot radiator. They assumed that something else must have been hot, and they weren’t really touching what they’d just been touching. Massive government spending was just an unmitigated failure that the answer was clearly …. (drumroll, please) …. EVEN MORE MASSIVE GOVERNMENT SPENDING!!!
“OUCH!!!” That’s a third hand on that hot radiator.
Then there were the “green shoots” Obama saw in 2009:
Obama sees the green shoots of recovery
25/03/09 05:36 CET
US President Barack Obama believes his strategy to battle the economic downturn is beginning to show some positive results.
It comes as skepticism is growing as to the wisdom of his massive budget plan. The president took to the podium to defend his actions and answer questions from the world’s media. He said: “We’ve put in place a comprehensive strategy designed to attack this crisis on all fronts. It’s a strategy to create jobs, to help responsible homeowners, to restart lending and to grow our economy over the long-term. And we are beginning to see signs of progress.” Next week Obama makes his debut on the world stage when he attends the G20 summit in London. He outlined what he was looking for from the talks. “The goal of the G20 summit, I think, is to say to all countries ‘let’s avoid steps that could result in protectionism that would further contract global trade.’ Let’s focus on how are we going to move our regulatory process forward,” he said. Obama claims his economic plan, along with his new budget which is being prepared, is based on job creation, a more fluid housing market and a banking industry that is prepared to get credit flowing again.
Were there ever any green shoots? Nope. And certainly if there WERE, it’s a bunch of dead grass now. Obama’s bullcrap stinks to high heaven, but it lacks the power to fertilize much of anything.
“OUCH!!!”
You put your hand there AGAIN, Barry Hussein? Man, you just don’t learn, do you?
You might have thought my friend was pretty dumb. But history would prove that he’s smarter than the man who is now President of the United States. My friend only did it three times. Obama’s up to four and counting.
Because what did we have in 2010 but “recovery summer”???
Obama, Biden declare ‘Recovery Summer’
By MIKE ALLEN | 6/17/10 5:06 AM EDT
Vice President Joe Biden today will kick off the Obama administration’s “Recovery Summer,” a six-week-long push designed to highlight the jobs accompanying a surge in stimulus-funded projects to improve highways, parks, drinking water and other public works.
David Axelrod, a senior adviser to the president, said: “This summer will be the most active Recovery Act season yet, with thousands of highly-visible road, bridge, water and other infrastructure projects breaking ground across the country, giving the American people a first-hand look at the Recovery Act in their own backyards and making it crystal clear what the cost would have been of doing nothing.”
Biden, President Barack Obama and other administration officials will travel to more than two dozen Recovery Act project sites in coming weeks. On Friday, the president will travel to Columbus, Ohio, to mark the groundbreaking of the 10,000th Recovery Act road project to get under way. The administration says the road improvement project in downtown Columbus is expected to create over 300 construction jobs, and will contribute to a broader economic development effort in the area around Nationwide Children’s Hospital. [...]
“OUCH!!!”
Oh, come ON, Barry Hussein. Are we going to have to put a cork on your fork so you don’t stab out your other eye???
Okay, so last year we were at “wreckovery summer.” What now? I mean, what else can this fool possibly say?
Well, now all the terrible news about unemployment, about housing, about manufacturing, about consumer confidence is all just a “bump in the road.”
“There are always going to be bumps on the road to recovery,” Obama said.
“OUCH!!!”
Obama is a far more stupid and more foolish man than my friend will ever be.
The question is, just how stupid are YOU??? I hope not so much as to actually re-elect this complete moral idiot.
In August 2009, while Obama was still talking about his “green shoots,” we had this prediction:
Peter Schiff, Pres Euro Pacific Capital: “The recession might be coming to an end; the problem is the depression is just getting started.”
“Newsweek trumpets the recession is over. But it’s just a temporary ‘good time’ like the high you get if you do too much crack cocaine; with the stimulus being an artificial stimulant that gets us deeper and deeper into debt. Remember the problem was we took on too much debt; well, now we have even more debt than when the recession began.”
OUCH!!!
Only this one is YOUR hand on the boiling hot radiator of an economy in meltdown …
