Since when do Americans reward incompetence?
Jonah Goldberg provides a little history lesson that helps one understand why it is that politicians are now credited with the country’s economic progress or lack thereof:
The idea that presidents “run” the economy is both ludicrous and fairly novel. Before the New Deal (which in my opinion prolonged the Great Depression), the notion that presidents should or could grow the economy was outlandish. But, as the historian H. W. Brands has argued, it was JFK who really cemented the idea that the president is the project manager for a team of technicians who create economic prosperity. “Most of the problems . . . that we now face, are technical problems, are administrative problems,” he explained, and should be kept as far away from partisan politics as possible.
It may have been JFK who “cemented” the idea, but it was FDR who first sold it and the myth that grew up around him that claimed he had saved us from the Great Depression. Subsequent study of the era has yielded pretty solid evidence that, in fact, his policies failed and it was a world war that dragged us out of the Depression.
That said, it really doesn’t matter – the perception and belief has been established that the President does indeed have an effect on the economy – right or wrong. That’s just the reality of the matter. Additionally, politicians haven’t been shy about cultivating that perception. It is another means of padding the resume (if the results during their term have been good) or attacking the incumbent (if the results haven’t been very good).
The truth is politicians do have an effect – usually when they chose to intervene, the economy does worse and when they get out of the way, it does better. For the most part, they have yet to realize that, however.
But that’s not really the point I’m interested in making. All of that said, what this race boils down too is a President, who has had poor results, claiming he should be given another 4 years to do better.
The problem with that? He’s already proven he doesn’t know what he’s talking about:
President Obama, a hybrid reincarnation of Kennedy and Roosevelt according to his fans, came into office with similar misconceptions. Controlling the White House, the House, and the Senate, his team of propeller-heads insisted that if we passed exactly the stimulus they wanted, the unemployment rate would top out at 8 percent and would be well below that by now.
They waved around charts and graphs “proving” they were right, like self-declared messiahs insisting they are to be followed because the prophecies they wrote themselves say so.They got their stimulus. They were wrong.
They were dead wrong.
So the question then, given their “know-it-all” claim and their assertions that their plan would work if we’d only give them the money, why should we trust them to do better the second time around, given the fact that we’re actually worse off now than when we were in the actual recession?
As Goldberg points out, their claim is the downturn was “so much worse than anyone realized” isn’t a good excuse given the assurance with which they made their previous claim.
Why didn’t they realize it? That’s a fair question.
A more important question though is why in the world would you give another chance to someone who didn’t drive the vehicle of the economy out of the ditch as promised, but instead put it into a telephone pole?
It makes absolutely no sense.
And Obama’s plan for his coming 4 years? As best as I can discern, pretty much maintain course and tax the rich. That’s it. We’re banging along the economic bottom, unemployment is trending worse, and Obama wants to raise taxes on a single group that would pay for a total of 11 hours of government spending.
You’re asked to buy into that nonsense as solid economic policy – i.e. giving him more time.
Are you actually going to do that?
If so, and if you give this incompetent president and his clueless advisers another 4 years, you deserve everything that comes with that choice – to include a hearty “I told you so” from me if I’m still around in 2016.