Sunday, April 24, 2011

DRIVING THE ECONOMY OFF THE CLIFF


In August of 2010 President Obama made the following remarks before the Democratic National Committee at an event in Austin which drew howls of laughter and applause from the gathering.

“If you have a car and you want to go forward, what do you do? You put it in ‘D,’” Obama says to laughter. “When you want to go backwards, what do you do? You put it in ‘R.’ I’m just saying. That’s no coincidence. We are not going to give them the keys back.”

“We have spent the last 20 months governing. They spent the last 20 months politicking. Now we’ve got three months to go, and so we’ve decided, well, we can politick for three months. They’ve forgotten I know how to politick pretty good,” Obama says to laughter and applause. “And so I’m happy to make this argument — I am happy to have this debate over the next several months about what their vision of the future is, because they don’t have one. They are trying to move us backwards, and we need to move us forward.”

These remarks were made prior to the November 2010 shellacking.  In the aftermath Obama and the Democrats have been residing in a “State of Denial” and remain unwilling to work with Republicans after this historic mandate from voters.

Let’s apply Obama’s driving analogy to the out of control deficit spending to see where this trip takes us.


To paraphrase an old Glen Campbell song; “By the time we get to Phoenix we’ll be insolvent!”