President-elect Barack Obama has announced that the economy could get worse before it gets better, and that the recession could "linger for years" without quick action by Congress. Quick action in the form of spending barrels of taxpayers' cash, that is.
Shades of smiling Jimmy Carter. Instead of telling the American people, a la the great Ronald Reagan, to believe in themselves and be hopeful about the future, we're told that at least the foreseeable future is bleak. That's malaise talking, folks, not someone who believes in the American ideal. Further, it strikes me that getting government even more in the way and into our pockets isn't what got us out of the last two recessions. Reagan's tax cuts in the Eighties and a truly Republican Congress in the middle Nineties did that.
What we have here is a typically Democratic administration forming. I thought it appropriate a few weeks ago when I spoke of here of Clinton Redux: Obama naming so many Clintonites to high level jobs. Now we have Carter Redux: don't believe in yourselves, believe in Washington.
Perhaps Obama is simply lining up his excuses, with 2012 surely already on his mind. Well, and I hope you heard Reagan's voice when you read that word, let's hope 2012 isn't a long time coming.
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