Filed under: Capitalism, Democrat Corruption, Economy, Election 2012, Politics, Socialism, Statism | Tags: Likeable?, The Real Record, Will Say Anything to Win
When Barack Obama began his run for the presidency, his handlers attempted to create an aura of inevitability around him. They created a “presidential logo” which appeared on his campaign plane, on seat-backs, on the podium. Crowds were drummed up for his appearances with free rock-band concerts, venues were carefully selected. The Greek columns, who can forget the Greek columns? The Lincoln train, Lincoln’s breakfast, Lincoln’s Bible. I think it all went to his head.
Even yesterday, in Colorado Springs, there was the obligatory fainter, and the member of the Audience to cry out “spontaneously” — “We Love You” — so the president can respond “I love you back.”
He starts off, as he always starts off, with the obligatory “dump on George Bush,” lost decade and all that.
And unfortunately, we had gone through a decade where that dream felt like it was slipping away. Jobs had gotten shifted overseas. Incomes had gone down, when you account inflation, even though the cost of everything from health care to college had gone up. And it all culminated in the worst financial crisis since the Great Depression.
The financial crisis was, and continues to be, a bad one, but Obama likes to glorify himself with silly comparisons to the Great Depression. Nothing could be farther from the truth. With a proper governmental response, it would have been over long ago. It has been Obama’s naive and incompetent response, with the help of his Democrat controlled House and Democrat controlled Senate, that has prolonged and made worse the recession and now threatens to put us into a real depression. I’m not sure that Obama understands that at all. The Blue Model doesn’t work.
And so, for the last three and a half years, we’ve worked to make sure that we didn’t slip into a Great Depression. And we created 4.5 million new jobs. (Applause.) We saved an auto industry on the brink of collapse. And although we are far away from where we need to be — okay, we’ll be okay. I hear you. What will happen is that the medical services — we’ve just got somebody who fainted. Which reminds me, everybody, if you’ve been standing for a long time, bend your knees a little bit. Because this happens every time we have a rally. They’ll be okay, just give them some space. And make sure that you drink some water if you’ve got some.
See— there’s the fainter. No. Mr. President, you didn’t “save an auto industry on the brink of collapse” you illegally prevented two companies in trouble from going through the long-tested legal process of bankruptcy. Had they been reorganized in a bankruptcy court, they might be doing alright by now; there might be some hope that GM would be able to pay the taxpayers back, and there wouldn’t be hundreds of people whose retirement savings and investments were destroyed by your hubris.
So then Obama goes into his long riff about How Romney’s going to raise taxes on the middle class so he can give the extra money to the 1%. He actually claimed that he, Obama, has already cut taxes for the average family by $3,600. Did you notice that last year? Me neither.
His new riff is to call Romney’s economic plan “trickle-down tax cut fairy dust.” Isn’t that cute? Is that Axlerod’s latest bright idea? Rham Emmanuel, in the beginning of his administration, scheduled daily economic meetings — with an economy in crisis that seems like a good idea — but Obama soon lost interest and cancelled them. Pity. Christina Romer was actually a partial author of a study that demonstrated that cutting taxes and cutting spending were the response that worked in the recessions since WWII.
When the American auto industry was on the brink of collapse, 1 million jobs at stake, Mr. Romney said, “let Detroit go bankrupt.” I said, let’s bet on America’s workers. And we got management and workers to come together, making better cars than ever, and now GM is number one again and the American auto industry has come roaring backSo now I want to say what we did with the auto industry, we can do it in manufacturing across America. Let’s make sure advanced, high-tech manufacturing jobs take root here, not in China. Let’s have them here in Colorado. And that means supporting investment here.
Colorado, we’ve come too far to turn back now. (Applause.) We’ve got too many good jobs we still have to create. We’ve got too many teachers we’ve got to hire. (Applause.) We’ve got too many schools we’ve got to rebuild, too many students we want to send to college. We’ve got too much homegrown energy we still have to generate, too many troops we’ve still got to bring home. We’ve got too many doors of opportunity we still have to open up for everybody who is willing to work hard and walk through those doors. (Applause.)
That’s what’s at stake right now. That’s why I’m running. That’s why I need your help. In 2008, I said to you I am not a perfect man and I won’t be a perfect President. But I promised you that I would spend every single day fighting as hard as I knew how for you. And I have kept that promise. Because I still believe in you.
“The most coddled and cosseted politician in Modern history*” Astonishing. Just astonishing.
* Walter Russell Mead