Obama's Credibility is Crumbling

Discussion in 'Politics' started by Trader666, Aug 26, 2010.

  1. Honey, I Shrunk My Approval Ratings
    The White House is having a disastrous 'summer of recovery.'


    By KARL ROVE

    In what will rank as one of the all-time presidential PR disasters, we're now well over half way through what the White House called "the summer of recovery." And what a recovery it's been.

    Earlier this month, first-time claims for unemployment hit a nine-month high. The unemployment rate remains at 9.5% and 18.4% of workers are out of a job, can only get part-time work, or have given up looking for a job altogether. Sales of existing homes dropped 27% from June to July, hitting the lowest point since data were first collected in 1999. The Conference Board's Consumer Confidence Index fell to 50.4 in July, continuing a slide that started in February. And the stock market is down 11% from its peak in April.

    All of this has helped shatter public confidence in the president. In early May, Mr. Obama's approval on the economy in the YouGov/Polimetrix poll was 42%. By mid-August, it was 35%—a frightening number for Democrats less than 70 days from a midterm election. According to this week's Reuters poll, 72% are "very" worried about jobs and 67% "very concerned" about government spending.

    Mr. Obama's credibility is crumbling, and for good reason: He and his people are saying things people don't believe. At the start of his summer of recovery road show, the president flatly asserted that last year's massive stimulus package had "worked." Vice President Joe Biden, not to be outdone, promised monthly job gains of up to 500,000 and insisted that the recovery's pace "continues to increase, not decrease" as stimulus spending was "moving into its highest gear."

    It's slightly surreal. "Who are you going to believe," as Groucho Marx once said, "me or your own eyes?"

    The administration's claims have collided with reality in other instances as well. Mr. Obama's Council of Economic Advisers Chair Christina Romer—speaking before the 2009 stimulus was approved—said unemployment would top out at 8% by the third quarter of 2009 and decline to less than 7% by the end of 2010. Even the White House now admits that the unemployment rate will stay at or above 9% through 2011.

    The White House also frequently asserts that "between 2.3 million and 2.8 million jobs were either saved or created" by the $620 billion in stimulus money spent by June. Set aside the absurdity of the administration inventing the "saved" category and then pretending it can ascertain, with scientific precision, the number of jobs that have been "saved." Since the stimulus passed, 2.6 million Americans have lost their jobs and 1.2 million people have given up even looking for work.

    Mr. Obama and his people also mischaracterize where most stimulus dollars go. Their constant prattle about "shovel ready projects" is an attempt to leave the impression that most goes to bricks and mortar. Not true: Only 3.3% of the $814 billion stimulus went to the Federal Highway Administration for highway and bridge projects.

    The administration's misleading statements and obfuscations aren't limited to the economy. On health care, for example, Mr. Obama continues saying that (a) health-care reform will reduce costs and the deficit, (b) no one who wants to keep existing coverage will lose it, and (c) the law's cuts in Medicare won't threaten any senior's health care. These assertions are laughable.

    The president's habit of exaggeration and misstatement has infected other Democrats. Speaker Nancy Pelosi, for example, routinely talks about how the recently passed "Stimulus II" spending bill protected the jobs of police and firemen.

    But it didn't.

    Stimulus II consisted of two parts: $10 billion for education and $16 billion for Medicaid. States can't spend Medicaid money for anything but Medicaid, and they can only spend the education money on education, i.e., they can't shuffle state funds around. Language allowing Stimulus II dollars to pay for police and firemen didn't make it out of the Senate. Yet Democratic leaders persist in saying that their latest stimulus has helped keep police and firefighters on the job. The claim is flatly untrue.

    By overselling the stimulus before its passage in 2009 and exaggerating its benefits with layer upon layer of slippery half-truths in 2010, Mr. Obama has made voters angrier. This is not America's summer of recovery; it is a summer of economic discontent that will ensure that Democrats take a pounding in the midterm elections.

    Mr. Rove, the former senior adviser and deputy chief of staff to President George W. Bush, is the author of "Courage and Consequence" (Threshold Editions, 2010).
    http://online.wsj.com/article/SB10001424052748703632304575451502211231456.html
     
  2. 3...2...1...

    Get ready for the intellectual class to tell us how dumb Rove is.
     
  3. KARL ROVE: :eek:
     
  4. Crumbling? Anybody with half-a-brain knew he was a pot-licker even before the election...
     
  5. Karl Rove on GOP primary turnout:
     
  6. BIDEN READY FOR MORE SPENDING: 'This is a chance to do something big, man!'...

    WooHoo!
     
  7. If all the Democrats flushed themselves down the toilet, that WOULD be big.
     
  8. Yannis

    Yannis

    IMAO: Why the Republicans Will Do Well in November - Guaranteed Results

    "I think a reason Republicans are going to do really well in November is that while when Obama was elected people had a hope of him making things better, people absolutely know for certain that Republicans will make things better.

    Look at this way: In 2008, America was feeling really sick and crummy. And then comes along Dr. Obama who said, “I can make you all feel better!” And everyone was really hopeful that was true — despite a few suspicions since Dr. Obama didn’t have any diplomas hanging on the wall. So America hired Obama… who then started to hit us repeatedly in the crotch. And we were all like, “Ow! Stop that! Stop that now!” And Dr. Obama said, “Shut up, stupid! I don’t have to listen to you!” And then Dr. Obama’s Democrat congress assistants held us down so he can punch us even easier.

    So now it’s 2010 and people are looking to Dr. GOP. And given Dr. GOP’s record, they’re not very hopeful he’ll actually be able to cure what originally was ailing America. But there is one thing America knows for certain: The GOP will be able to get Obama to stop hitting us repeatedly in the crotch, making us all feel a ton better. And guaranteed results like that is a powerful thing."

    :)
     
  9. Never precede a joke with its punch line.
     
  10. "The Dems can hang their hats on these realities and accomplishments: Big Unemployment, Big National Debt, Big Nightmare HC Legislation (crammed and rammed), Big Financial Reform (except Fannie & Freddie are exempt; Where's Fannie Where's Freddie), Big, Bloated Benevolent Brother (libs love Big Central Power), Big Uptick in Public Sector Jobs, Big Downturn in Private Sector Jobs (demononize business Big and Small, demonize them all!), Big Trouble with 'Illegal' Immigration Issue, Big Trouble with the Mosque Location (my, lib-lefts suddenly love religion)... their accomplishments are endless."


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    The above say's it all. However, the Socialist are not the only problem. Any LIFE LONG POLITICIAN on the REPBULICAN end needs to be removed from office as well.

    We need new, young, smart, capitalist, people who believe in Freedom, Competition, the constitution and in taking America Forward to compete globally in business.

    NOV could be a help to cause gridlock. Which would stop the bleeding. That is the first step.

    Second, is find a new party for 2012, it's gona be a hard task...but we need both parties to feel "the Heat".
     
    #10     Aug 26, 2010