"...if we drag our feet and fail to act, this crisis will turn into a catastrophe. We'll continue to get devastating job reports like today's—month after month, year after year." -- President Obama 2/6/09
Obama signed an executive order today create an outside panel of experts to help steer the economy out of a tailspin. Great, more buereaucracy, more cooks in the kitchen. But anyway...
President Armageddon continued his doom and gloom fear mongering in an effort to pass the Congressional Radical Anti-American Pork (CRAAP) "stimulus". Today he has introduced a new strategy, blaming Congress for being "irresponsible", while he continues to vote "present".
"These numbers demand action. It is inexcusable and irresponsible to get bogged down in distraction and delay while millions of Americans are being put out of work. It is time for Congress to act," Obama said bluntly.
"The American people did not choose more of the same," Obama said. "They did not send us to Washington to get stuck in partisan posturing, or to turn back to the same tried and failed approaches that were rejected in the last election. They sent us here with a mandate for change, and the expectation that we would act."
He's still campaigning! Not leading!
Yesterday, in a Washington Post opinion, President Chicken Little said:
"By now, it's clear to everyone that we have inherited an economic crisis as deep and dire as any since the days of the Great Depression."
Well, the numbers are out and while certainly far from good news, they confirm that President Apocalypto needs to tone down the rhetoric just a tad.
WASHINGTON (AP) -- Recession-battered employers eliminated 598,000 jobs in January, the most since the end of 1974, and
catapulted the unemployment rate to 7.6 percent.
With cost-cutting employers in no mood to hire, the unemployment rate bolted to 7.6 percent in January, the highest since September 1992.
Factories slashed 207,000 jobs in January, the largest one-month drop since October 1982.
Charles Krauthammer writes in today's Washington Post:
"Catastrophe, mind you. So much for the president who in his inaugural address two weeks earlier declared "we have chosen hope over fear." Until, that is, you need fear to pass a bill."
Plus ca change, plus c'est la meme chose.