NEWSBUSTERS:
Charles Krauthammer on Fox News's "Special Report" Friday offered Republicans a 2012 campaign slogan to defeat Barack Obama.
"President Zero: zero economic expansion, zero jobs, zero ideas on how to cure the economy" (video follows with transcript and commentary):
CHARLES KRAUTHAMMER, SYNDICATED COLUMNIST: That assumes the speech he thinks will turn the economy around. This is not that speech. This is to frame the debate for his reelection. This is not a serious jobs proposal. It will include things he knows Republicans will reject. And thus he sets up the premise, because his own White House has now said we are going to be nine percent up employment next year as well. The premise will be we are at nine percent on election date because the obstinate Republicans who care only about reelection and not about the country have rejected the great ideas he is proposing.
Look, I think the Republicans have their perfect slogan - President Zero: zero economic expansion, zero jobs, zero ideas on how to cure the economy. The recession ended two years ago. We were supposed to have a recovery summer last summer. In the numbers you showed, the unemployment, the slowdown in jobs started at the beginning of this year. He threw $1 trillion dollar stimulus at the economy assuming you'd have a Keynesian effect, a multiplier effect. It didn't.
And at the same time he piled up regulation on regulation, spending on spending, Obamacare, EPA, the financial regulations. He has his foot on the economy. And he doesn't understand that his administration has stopped the recovery in its tracks.
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