Barack Obama has become Jimmy Carter

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Fridays with Erick Erickson

08.05.11

Mr.Obama wants you to know that because of George ChimpyMcBushHitler Halliburton, the Arab Spring, and Paula Abdul leaving American Idol the economy is still in the tank. He has nothing to do with it at all. And if he did, at today's press conference he wanted you to know that it is a shared responsibility between the parties because the Republicans hold the House of Representatives.

Pay no attention to Democrat claims that the GOP really had no power and how dare they act like they did during the debt ceiling debate.


Barack Obama wants no blame for the economic mess we are in.

Truth be told, economies are cyclical. They go up. They go down. Presidents have very little control over economies. But, Presidential policies can mitigate, prolong, or exacerbate economic cycles. That's what we are seeing with Barack Obama and his policies.

The Obama stimulus failed to create private sector jobs. In fact, a bevy of economists who have looked into it have determined the stimulus may have created public sector jobs, but killed off private sector jobs. Today's jobless numbers come in better than expected, but it has more to do with people no longer looking for work than people finding jobs.

The vital signs for the economy are weak. And in the present environment, Barack Obama and his advisors are left to explain that if the government stops spending the economy will collapse. Their excuse is like that of an alcoholic who proclaims that if he cannot have just one more drink, the liquor market will collapse.

Barack Obama has become Jimmy Carter faster than Carter became Carter.

— Erick Erickson