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Obamises Watch: The Economy Will Now Get Worse

By: Dan McLaughlin (Diary)  |  December 8th, 2008 at 02:41 PM  | 

RESIZE: AAA

Flip – October 7, 2008:

Brokaw: Sen. Obama, time for a discussion. I’m going to begin with you. Are you saying to Mr. Clark (ph) and to the other members of the American television audience that the American economy is going to get much worse before it gets better and they ought to be prepared for that?

Obama: No, I am confident about the American economy.

Score – November 4, 2008:

In Next Year, Economy Will…
Total Obama McCain Other/No Answer
Get Better (47%) 61% 38% 1%
Get Worse (23%) 43% 54% 3%

Flop – December 6, 2008:

MR. BROKAW: On this program about a year ago, you said that being a president is 90 percent circumstances and about 10 percent agenda. The circumstances now are, as you say, very unpopular in terms of the decisions that have to be made. Which are the most unpopular ones that the country’s going to have to deal with?

PRES.-ELECT OBAMA: Well, fortunately, as tough as times are right now–and things are going to get worse before they get better–there is a convergence between circumstances and agenda.

If you had “32 days” in how long that one would last past Election Day: time to cash in. Funny thing about this “new politics”: it seems so…familiar.

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  • http://www.ssce.net/Web-Articles/Web-articles-indexed-authors.html#authors-l JLenardDetroit

    I have NO DOUBT that things will get worse before they get better. How/Why do I know this? Democrats control EVERYTHING starting Jan. 20, 2009 and the policy impositions, despite Oblahblahs current Moderation/Centrist (maybe we’ll hold off on Taxes, blah, blah, blah) rhetoric, we know that Socialist… er… Progressives…. meddling in the wheelhouse of a Free Market nation will produce NO GOOD. This economy will need to begin to recover DESPITE, and on top of the negative influence of Government, not from/because of it!!!

    • KyleH

      The wild card in the economy is the price of gas. The current dropping price of gas should be a big boost to the economy that might even offset any foolish Obama economic policy. The problem is that it is a ticking time bomb. Prices are low only because the economy is looking bad. If the economy should show any signs of recovery, gas prices will shoot right back up. They may even be worse because of greater environmental regulations from Obama and his Democrat buddies.

      • http://www.ssce.net/Web-Articles/Web-articles-indexed-authors.html#authors-l JLenardDetroit

        Regulations/Taxes…. by any means possible… they have always wanted it and they have safe majority levels (in the minds of many of them) that they will be able to ram through whatever they want. OF COURSE, they will put a positive spin on it… call it anything but what it is (TAX INCREASES)… but they will do anything/everything possible to put the price of Gas back up because they have NO PROBLEM punishing citizens into submission to change their behavior. It is ONLY what the Democrats are ever about… PUNISH activity they are not fond of…

        The Election Issues of Drilling for Oil and Gas prices:

        looking ahead If Obama is elected: The return of $4.00/Gal Gas and continued 70% Imports how about [Use of Military to DRILL](http://www.redstate.com/diaries/gamecock/2008/nov/19/drill-for-oil-as-act-of-civil-disobediance/#c87281)

        and looking back [Had there been no Drilling ban, we would not have had additional Economic slowdown that $4.00+/gal. imposed](http://www.redstate.com/diaries/redstate/2008/oct/25/obamas-inaugural-address-is-already-written/#c67882)

        Good economy, Bad economy, Democrats want HIGH GAS PRICES!!!! It is the cornerstone of their (looking to cash in personally on the) Green car agenda!!!

  • http://www.scottbomb.com scottbomb

    Obama has his own “New Deal”! [I don't know how to quote or link in WordPress so please bear with me....]

    From the AP:
    “The stock market kicked off the week on a strong note after investors were pleased with news that President-elect Obama plans to launch the largest infrastructure investment program in 50 years and word that progress is being made on a financial relief package for U.S. automakers.”

    Yeah!! BIG GUBBERMINT to the rescue! Spend, spend speeeeeeennnnd! (Never mind where all that money is supposed to come from)

    And according to Fox News, the Obamassiah is scheduled to meet with AGW High Priest Algore.

    Hoooooo boy.

  • Marcus_Traianus

    Now, there will actual statements to which the MSM can make comparisons. But they will not. This of course foretells a littany of excuses, demurral and disembling for the next 4 years- ” Well, circumstances have changed” and “Bush left a mess, etc.”. All fairly predictable in my mind.

    Yet we have Frank and Dodd, the two worst Fannie-Freddie culprits along with Obama to fix everything. Suure, right.

    The entire infrastucture, government jobs program will also fail miserably, irrespective of what the Obamiser’s say. This ain’t the 1930′s and it will only increase our governments size and kick our economic issues down the road. Buckle up.