President Obama yesterday defended the nation's fiscal health and decried Washington partisanship. Does that mean things are going well? I think this means he did not take any responsibility for anything and just finger-pointed at Republicans. Very productive, once again. Real leadership.
As a result of Standard and Poor's downgraded the nation's triple-A credit rating the President declared as the stock market continued to drop during his remarks "We didn't need a ratings agency to tell us that we need a balanced, long-term approach to deficit reduction." Oops, did I miss the part where he presented an economic plan? Maybe a new suggestion? Have I missed the last 800 plus days the Senate has not even passed a budget? Did I miss the 97-0 rejection vote on the Obama budget. Has the projected additional $10 trillion in new debt in the next 10 years gone away? Has the Government stopped borrowing 40 percent of what it spends and accumulating a deficit of about $4.5 billion a day?
Obama said, the real problem is "a lack of political will in Washington" and that the nation's challenge is "the need to tackle our deficits over the long-term." And so said Mr. $ 4 Trillion Deficit and counting. If we just get rid of those awful Tea Party folks,( oh, and the richies too) you know the guys who won the last election No credibility here. I doubt anyone is listening anymore.
Hard to make any of this up. Harder yet to have any faith in the government and even harder to see any improvements to come and time soon. People are scared, nervous, disillusioned and sometimes bitter.
The economy in this country is powerful and tough. It can and will come back but Government usually only hinders, gets in the way, makes things worse. Certainly that has been the case of this Administration. Maybe they will get it, but probably not. Solutions are not just about addressing the debt, it is only part of the way back. I am feeling a bit discouraged today.