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The administration’s mixed message on the recession

December 13, 2009

  Barack Obama’s top economic adviser, Larry Summers, has given us some good news on the economy. He stated that “everybody agrees that the recession is over” and we would see job growth beginning sometime in the Summer. This is certainly would be good news if it were true. However, contrary to Summers’s claim that everybody agrees the recession is over, not all of the administration’s economic advisers see it quite the same way.

  When asked about the economy and whether or not the recession is over, another of Obama’s top economic advisers, Christina Romer, said “Of course not. For the people on Main Street and throughout this country, they are still suffering, the unemployment rate is still 10 percent.”

  The similarities to the global warming alarmists’ argument are striking, for years we have been told that everybody agrees that global warming is real. According to the alarmists, the debate is over and it is man’s fault the earth is heating even though there are many people who are much more realistic about man’s role in warming the planet, which records show is not warming at all, and has actually been cooling for the last decade. Climategate has shown us that the books have been cooked, the CRU and the IPCC coined the phrase “hide the decline” in order to keep the truth about global warming from the people.

  As in the global warming argument, the message coming out of Washington is mixed and confusing. Is it any wonder why people are still nervous about the economy? When there are such contrasting opinions coming from the administration it leaves Americans wondering if anybody in this administration has any idea what the hell they are talking about.

  On one hand we have Larry Summers– the same man who tried to claim the recession was ending because less people are googling the term “economic depression” than before–  trying to carry the president’s water and push an opinion that the administration wants the people to believe about the economy, while on the other hand we have  Christina Romer confirming what most Americans believe is the truth– that there has been no change in the economy despite the president’s feeble attempt to stimulate the economy.

  It cannot instill confidence with the American people in this administration when they hear two vastly differing opinions coming from the same administration.

  You would think that if this administration was competent in the least, they would at least get on the same page with their message on the economy, but they can’t even do that.

  If this mixed message is any indication of how this administration operates, how can the American people be expected to believe anything that this administration says going forward? They are caught between telling the American people the truth about the economy and trying to make the president’s policies look good.

 In the end the American people will judge the economy on how they are doing, not on how the administration claims they are doing. The American people will be the judge on the recession and so far  Christina Romer has a more realistic analysis than does Larry Summers, the man whose job it appears to be is trying to make the president look good.

 Larry Summers is trying to “hide the decline.”

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10 Comments leave one →
  1. Matt's avatar
    December 13, 2009 10:50 pm

    I think they went to the “Baghdad Bob” school of propaganda.

    Like

  2. TexasFred's avatar
    December 13, 2009 11:26 pm

    The Obama administration can’t find their own asses, even with a detailed set of directions and a GPS unit…

    Like

  3. rjjrdq's avatar
    December 14, 2009 12:36 am

    It goes back to the big lie: tell a lie long enough and people start to believe. Might be a tough sell to those collecting unemployment though.

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  4. Rick's avatar
    Rick permalink
    December 14, 2009 9:39 am

    The progressive movement is a religion.
    You and I are nothing but unbelievers to them.

    “The moment a person forms a theory, his imagination sees in every object only the traits which favor that theory.”
    Thomas Jefferson

    Nothing a progressive does works, all they have are theories so they tell us “It has worked and you will see in time” even though even a child can tell you the King has no clothes.

    Like

    • Steve Dennis's avatar
      December 14, 2009 10:01 pm

      That is a GREAT Jefferson quote, and it can also be applied to the Climategate scandal.

      Like

  5. Ron Russell's avatar
    December 14, 2009 4:31 pm

    You are right, they should get on the same page, but frankly sometimes I’m glad they don’t. Because their is more truth when opinions are mixed as they are on most everything in the world, suchas climategate which you mentioned. I hate to see those in government march in lock-step, something real scarry about that! Give me open dissention anyday, even if it sows seeds of doubt.

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  6. Deb's avatar
    Deb permalink
    December 14, 2009 7:04 pm

    It seems odd to me that I have not seen any sign, at all, ever, that we have been in a recession. I’m almost thinking it was just something the Obama camp cooked up to try and make it look like he actually did “fix” something. The mall was already half full at 9am on Sat, and the grocery store has been a near-chaotic mob scene since before Thanksgiving, constantly running out of certain basic things, like boneless chicken. Maybe people are laid off, but by golly, they are spending every last penny of their unemployment checks!

    Like

    • Steve Dennis's avatar
      December 14, 2009 10:07 pm

      I hear what you are saying, every time I go somewhere I don’t see signs of anybody curbing their spending. It seems to be business as usual for most Americans.

      Like

  7. Rick's avatar
    Rick permalink
    December 15, 2009 10:54 am

    This year I did not receive a raise, they cut off the company 401K contribution, gave me a week furlough (2% pay cut)
    Sales are down double digit, EBIDA down (We manufacture food packaging products)
    Two head count reductions.

    I however refuse to participate in a recession.
    I purchased two new cars (Toyota and Nizzan and I owe far less then they are worth)
    Increased my income stream by $1,800 a month
    Purchased a 2,600 square foot town home in downtown fells point Baltimore (paid well below market value)
    In the process of renovation right now.
    The added debt is leveraged on the increased income.

    Now is actually a great time to buy because so many people believe the negative dribble coming out the “expert economists”

    Like

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