Mea Culpa

The Obama is an unbelievably audacious person. In a Washington Post column (here) he writes:

The American Recovery and Reinvestment Act was not expected to restore the economy to full health on its own but to provide the boost necessary to stop the free fall. So far, it has done that. It was, from the start, a two-year program, and it will steadily save and create jobs as it ramps up over this summer and fall. We must let it work the way it's supposed to, with the understanding that in any recession, unemployment tends to recover more slowly than other measures of economic activity.

That is a blatant lie. The claim was, if we didn't pass this horrendous squander bill (almost $800 Billion) then the economy would spiral out of control - money was needed immediately. Well hardly any of the money has flowed out and most that has, has been to welfare programs that produce no return and in fact create negative economic flow. People are still losing jobs and most of the spending is further out than two years. The economy is showing signs of an upturn but no one - no one - can tie any of it to the Porkulus. The good news is, it seems he is not interested in another Porkulus bill - at least he is saying that now. The bad news is, he want to squander more money on other things - not calling it stimulus just squandering. I suspect that he is not interested in another Porkulus bill because he about to drop an economic Hydrogen Bomb on us with his socialized medicine plan and is in the process of destroying our ability to generate energy:

Already, we're making progress on health-care reform that controls costs while ensuring choice and quality, as well as energy legislation that will make clean energy the profitable kind of energy, leading to whole new industries and jobs that cannot be outsourced.

We believe it's time to reform our community colleges so that they provide Americans of all ages a chance to learn the skills and knowledge necessary to compete for the jobs of the future.

Yes, true not outsourceable, because they will be someplace else already. He adopts all of Europe's worst socialist programs and ignores the evidence of their failure - as in Spain and clean energy. So, when one is at a loss about what to do when your economic policy is a failure - squander money on education programs until you think of something else to waste the money on. No one will object too loudly (or so he thinks) to spending money improving education - until they look at what all that money has done for K-12 education - turned it into a cesspool of wasted minds.

Indeed the Obama is a truly adacious person but he is desperate now. His minion Biden cannot keep his trap shut so rather than going in front of the public and say - "We screwed up," he writes an OpEd piece as though it gives more substance to his fluff.

Update: Bill Kristol responds here. Read some of the comments below his response to see the type of audience that typically reads the State Run Washington Compost - all the news that's fit to wrap your fish in.