Democrats Begin to Lower Expectations

 Democrats promised that they would be able to save the economy. We just had to trust them and they would make everything alright. President-elect Obama was touted as the one man who could save the economy and the world from all of it’s problems.

 Now that we trusted the Democrats and their promises that they could fix the economy they are beginning to back down from that promise. It seems that just repealing the Bush tax cuts and taxing the hell out of the “rich” isn’t going to magically fix the economy after all. Democrats always knew this but now they have to lower the expectations as they are already gearing up for the 2010 election.

Elections are run in two-year cycles, and we’re in an economic cycle that we can’t turn around in two years,” said Rep. Jerrold Nadler (D., N.Y.). “It’s a political problem. But I don’t know that there is a way out of it

 Already they are thinking politically instead of correctly.

 Just look at some of the quotes from Democrats now that the election is over and they realize they won’t be able to fulfil their promises:

House Majority Leader Steny Hoyer’s office said recently that “Congress needs to pass an economic recovery package to prevent any further decline in the economy” — but cautioned, “recovery will not be immediate.”

The stimulus package will keep it from getting as bad as it would otherwise be, but that is very hard to measure,” said Alice Rivlin, former director of the Congressional Budget Office, who addressed House Democrats recently. “All you can say is, ‘It’s probably not as bad as it would have been.’ But that is very hard to prove.”

“The only way to deal with it is to be upfront and say, ‘It’s not salvation. It will limit the damage. What’s been built up for years won’t be solved overnight,’ ” Rep. Nadler said.

 Clearly Democrat understand that they will not be able to deliver on the promise of turning around the economy in time for te 2010 election and are already trying to curb expectations.

 This is not surprising as Obama himself  had one of his aides tell his rabid followers that they expect too much from him, and this was four months before he was actually elected.