Wednesday, March 9, 2011

Our "One-trick Pony" in Chief

When President Obama tackled the economic crisis in early 2009 via the American Recovery and Reinvestment Act, what was his plan of action?

More money, and more reform.

When President Obama tackled the problems with the rising cost of healthcare, what did he offer as a solution?

More money, and more reform.

It's clear that Biggie had it right when he said, "mo money, mo problems." Because problems is all we've gotten from Obama spending all of our money that we haven't made yet. Despite the Recovery Act, banks still have deficits and still don't lend. Sure, some fish hatcheries (pp. 123) in our national parks did get stocked. (for $165MM, by the way) But is that worth the billions we owe to foreign interests? What did the money and reform in healthcare give us? Fewer insurance policies being offered, a few thousand more IRS agents to breathe down our necks, and government administrated student loans.

Now, President Obama sees that there is a problem with American education. Here are the only facts of the case that matter. Since 1970, spending on education has tripled. Since 1970, quality of education has waned, and we are being surpassed by the rest of the world in terms of education.

What does that tell the sane individual? That throwing money at the problem is not working.

What does that tell Barack Obama? That we just haven't been throwing enough money at the problem. Oh, and we haven't reformed enough, either.

"People started to realize what is needed is not either, or -- not either more money or more reform, it's both. Both more money and more reform."

Yeah, you've suggested that before, Mr. President. But that's not what people are starting to realize. They're starting to realize that "Mo Money, Mo Reform" is the only thing you know how to suggest, and though it might have worked in the cesspool of Chicagoland in your community organizing days, it is not a viable economic strategy for our nation. It just puts us deeper in debt.

Oh, and a news flash, Mr. President: Americans don't like it.

William Sullivan

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