The Phaserl


Forget the NY Times — Here’s Obama’s Real Legacy

from The Daily Bell:

One day we’re saving the banks; the next day we’re saving the auto industry; the next day we’re trying to see whether we can have some impact on the housing market. – President Barack Obama

Yesterday’s New York Times devoted 6,000 words and a main feature to nothing short of an all-out defense of Obama’s economic legacy. In the process, they went full Keynesian.

From the opening paragraph that detailed Obama’s singlehanded efforts to rebuild the U.S. economy following the 2008 financial crisis, it was clear that author Andrew Ross Sorkin is more than simply a member of the lapdog media. Like a true believer, Sorkin bowed down at the altar of Obama’s government.

To hell with the real story behind the data. To hell with any logical thought processes. To hell with the notion that free markets, not governments, produce opportunity and prosperity.

As Sorkin tells it, the U.S. is now quite peachy. Because Obama.

Because Obama swooped in and saved Detroit’s bankrupt auto companies. Because Obama implemented the failed Cash for Clunkers program, which destroyed thousands of used – but still working – cars, pushing up the price of existing cars on the used market. Meaning that the very people he pretends to care about the most – America’s working class and poor – are the ones who suffered the most from this policy.

Because Obama is a renowned healthcare economist who saved the U.S. system from those greedy insurance companies. Even though the companies’ lobbyists helped write the bill and we found out just how much corporatism was at play after the bill was passed. Here’s to you, Nancy.

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2 comments to Forget the NY Times — Here’s Obama’s Real Legacy

  • Millicent

    “In the process, they went full Keynesian.”

    Typo; Should read “full Kenyan”.

  • Daniel

    Every time I see Oloser grimacing like the picture above shows, I say to myself:

    1) The man has one bad ass case of gas

    2) The Kenyan is getting ready to flex his buggy whip arms and stick his stack of dimes neck out and thump his chest like he’s frikkin King Kong, and is ready to
    announce that the US is going to invade Russia any day now.

    3) Maybe he’s just pissed at the entire civilized world becoming nauseated with his ridiculous rule, what with his threatening Japan, Germany, and China all at the same time about their economic policies, being the great champion of the destruction of his own country’s economy with his brilliance and skilled leadership.

    The Puke In Chief’s days in the WH can’t end soon enough, FOLKS.

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