- REAGAN LED LIKE GREAT LEADERS DO: WITH OPTIMISM.
- REAGAN LED US - WITH OPTIMISM - THROUGH A RECESSION WHICH WAS WORSE THAN THE ONE WE'RE IN, AND BROUGHT US THE GREATEST SUSTAINED ERA OF GROWTH IN OUR HISTORY.
WHY!!?
- PERHAPS SO HE CAN TAKE EVEN MORE CREDIT WHEN IT COMES BACK THIS SUMMER?
- OR PERHAPS SO HE CAN JUSTIFY ALL THE PORK-BARREL SPENDING - OH ER UM I MEAN "STIMULUS"?
EITHER WAY: IT'S BAD FORM AND AUGURS BADLY.
While I agree with your thesis that Obama is not a leader, the economic situation is far worse than the recession at the beginning of Reagan's term. Further, we're not going to recover this summer. We are completely overloaded with debt, and all that the Obama (or any other) stimulus package will do is give more crack to the druggie suffering from the DTs. Temporary relief, followed by a far worse relapse. Read Karl Denninger at http://market-ticker.org/ - specifically his article "There is No Unicorn That Craps Skittles." We are either in or near an economic depression, and the more of the same old deficit spending that we do, the worse things will be later.
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