January 26, 2010
The Anti-Keynesians in the White House

What the hell are the Obama people thinking? A spending freeze in the middle of a recession??? This is the evidence of what they’re selling as a new focus on jobs?

It’s good that the Scott Brown election freaked them; they needed to be awakened. Unfortunately but predictably, they learned the wrong lesson. But even my cynicism appears to have misunderestimated the political ineptitude of this administration. I knew I wouldn’t be happy with its policies, but I expected a political machine at least as good as Clinton’s. Come to think of it, a lot of it is Clinton’s. That might explain things…

But after giving three-quarters of a trillion communal taxpayer dollars to the very folks whose Ponzi schemes robbed the taxpayers individually, then cozying up to the drug and insurance companies over health care, then getting beat up in polls and losing Ted Kennedy’s seat, then announcing that the new Obama brand is The Fighting Populist, they come up with one of the dumbest and most anti-populist moves you can imagine.

Obama was fine with $787 billion to Wall Street. He tripled the official US military force in Afghanistan and the increase in contractors is at least as great. And of course the misnamed Defense Department is exempted from the freeze, as the pet projects of the major corporate contributors will no doubt soon be.

Now, at last, the administration turns its concentration to helping the other 90% of Americans, the ones who are being foreclosed on, or struggling under ever-mounting debt caused by usurious interest rates that were illegal a couple decades ago; and everyone who still has a job is worried that it’ll be outsourced to a different continent. What sort of helping hand does the Democratic President offer?

A freeze on spending, except for feeding the war machine.

I guess Richard Nixon was wrong when he postulated that we’re all Keynesians now, because it would be hard to imagine a more wrong-headed move according to the model that made John Maynard Keynes an advisor of governments in the mid-twentieth century. Exactly the opposite of everything Obama’s done was what was called for.

It was easy to figure out what to do, but doing it would have required courage, and Obama appears to have none.


Posted by Chuck Dupree at January 26, 2010 10:53 PM
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I knew the guy was a get-along DLCer, but even I've been stunned at his lack of stones.

I hate to say it, but I believe Hillary would have been more inclined to stand the Rushpubliscums down. She, at least, has a lot of personal animosity towards them, and would probably have relished ticking them off.

Posted by: Jolly Roger on January 26, 2010 11:09 PM

Stunning. Unbelievable.

Posted by: George on January 27, 2010 12:41 AM

Fuckin' fuckety fuck. Unfuckingbelievable. Fuckin' fuckety fuck.

Posted by: Generik on January 27, 2010 1:11 AM
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