Karmanomics

Founding Father John Adams once said, "Facts are stubborn things; and whatever may be our wishes, our inclination, or the dictates of our passions, they cannot alter the state of facts and evidence." Fast forward to today, and the noted historian-in-chief, Barack Obama has yet to learn that wishing the economy was growing doesn't change the facts.

Apr. 28, 2010

Founding Father John Adams once said, “Facts are stubborn things; and whatever may be our wishes, our inclination, or the dictates of our passions, they cannot alter the state of facts and evidence.” Fast forward to today, and the noted historian-in-chief, Barack Obama has yet to learn that wishing the economy was growing doesn’t change the facts.

For weeks, the Obama administration has pushed the theme that the economy has turned the corner thanks to the policies of Hope ‘n’ Change™ and that the president deserves lots of credit for some sort of hard work. This is another way of saying that in the complete absence of quantifiable evidence that the federal government has boosted private sector employment (public sector employment is growing just fine, thank you), Obama should receive kudos anyway.

Imagine the depth of conceit and insecurity it takes for the leader of the free world to claim that he needs grade inflation and social promotion just for showing up in class like an immature, slacker teenager. Despite the attractive qualities of hubris and cluelessness, even the president’s media cohorts, who for more than a year have dutifully reported that monthly job hemorrhaging is continually “unexpected,” are questioning the party line.

This week, for example, the Associated Press reports that Obama and the Democrats will face skeptical voters in November because their economic rhetoric is contradicted by stubbornly high and persistent unemployment. “During stops in Iowa, Illinois and Missouri, Obama will try to convince voters that his economic policies are working, despite an unemployment rate that’s expected to remain at painfully high levels for months if not years.”

Democrats will once again learn voters won’t stop paying attention to that man behind the curtain as once again, liberal economic dogma is run over by the bad karma of their outcomes.

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