The President caves again this time is spectacular fashion. The plan was to address a joint session of congress next Wednesday and the White House already had an agreement from the Speaker. When it was announced that the President would address a joint session, Rush Limbaugh objected because it would interfere with the Republican debate that was being carried on one cable network. This prompted Speaker Boehner to send a letter to the President citing a full schedule and vague security concerns. So, the President rescheduled to the opening night of the NFL (no conflict there) and in so doing he has shown the country that the Republicans are really in charge and he is becoming increasingly irrelevant. The Speaker has become the only speaker to ever deny a Presidential request to address Congress. You can spin this as a compromise but that is simply not true. The President really needs to come out and deliver a speech like FDR or Ike or Teddy Roosevelt to become relevant again.
Showing posts with label fdr. Show all posts
Showing posts with label fdr. Show all posts
Friday, September 2, 2011
Monday, August 8, 2011
The Next Recession
It is sure starting to look like we are on the way to the next great recession. Similar to the 1937 Roosevelt recession the Republicans are forcing the President to pull back government spending in the economy which will cause unemployment. They also made an issue out of the debt ceiling and then got the US bond rating downgraded which is leading to a roiling of the stock market. This has to be by design there is no way that by just dumb luck all of these things could have intersected at this point in time to bring down the economy. The question should be what is the end game. Unlike FDR, Obama is not likely to see the writing on the wall and recommit to helping the people are going to be getting hammered by the downward trend in the economy. I understand that the Conservatives want to undo the New Deal, but then what? Lots of jobs for $2 an hour and no one to buy products? Or more likely, no jobs, no government support, and ultimately no product sales. Welcome to the decline of the US and it wasn't the liberals fault.
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