On January 28th, 2009 President Obama said this about the unemployment crisis: “Most of the money we’re investing as part of this plan will get out the door immediately and go directly to job-creation, generating or saving three to four million new jobs.”
Then on February 4th, 2009, President Obama said this about the economy: “The economic crisis we face is unlike any we’ve seen in our lifetime. It’s a crisis of falling confidence and rising debt, of widely distributed risk and narrowly concentrated reward; a crisis written in the fine print of sub-prime mortgages, on the ledger lines of once mighty financial institutions, and on the pink slips that have upended the lives of so many people across this country and cost the economy 2.6 million jobs last year alone.
“We know that even if we do everything that we should, this crisis was years in the making, and it will take more than weeks or months to turn things around.
But make no mistake: A failure to act, and act now, will turn crisis into a catastrophe and guarantee a longer recession, a less robust recovery, and a more uncertain future. Millions more jobs will be lost. More businesses will be shuttered. More dreams will be deferred.
And that’s why I feel such a sense of urgency about the economic recovery and reinvestment plan that is before Congress today. With it, we can save or create more than three million jobs, doing things that will strengthen our country for years to come. It’s not merely a prescription for short-term spending — it’s a strategy for long-term economic growth in areas like renewable energy and health care and education.”
But evidently something changed because on April 13th, 2009 President Obama said this about the economy:
“And because we know that people are hurting right now, and we need to create jobs and get money into people’s pockets right now, we passed the American Recovery and Reinvestment Act, the most sweeping economic recovery plan in history: A plan to save or create 3.5 million jobs, putting Americans back to work doing the work America needs done…” And in the same speech, he said this: “This government effort is coming in ahead of schedule and under budget.”
And now in July he flip flopped about the economy yet again and said this about the recovery act: “as I made clear at the time it was passed, the Recovery Act was not designed to work in four months – it was designed to work over two years.”
I got some of these quotes from a very good ad by the GOP. The rest I found on my own from speeches that our President has given. But the GOP ad really puts a spotlight on Obama’s penchant for saying whatever he perceives the public wants to hear at any given moment. This President relies on polls that tell him what to say in order to get his next pet project passed. To see the commercial in its entirety:
Obama fancies himself a modern day FDR. So let’s take a look at what FDR’s own Treasury Secretary said about the New Deal and FDR’s spending habits:
“We have tried spending money,” Treasury Secretary Henry Morgenthau said to the House Ways and Means Committee in the late 1930s. “We are spending more than we have ever spent before and it does not work. . . . I say, after eight years of this administration, we have just as much unemployment as when we started . . . and an enormous debt to boot.”
If you or I were deep in debt, had no job and were about to lose everything we worked so hard for, how many economists would advise us to spend more money, even money we don’t have and everything will be fine? How many financial consultants would tell a business that is about to go under that if they only took out a loan and spent more money, and then they would stay afloat? None would. It is crazy to think that we can spend our way out of a personal financial crisis and it is just as crazy to think that America can do the same.
So tell us, Mr. President; which is it? Did you spend us into oblivion in order to create jobs immediately? Or did you load down our children and grand children with enormous debt to put off creating jobs for a while? Is it that you want the temporary results of any massive spending to happen right before the midterm elections? No, I am sure that our President wouldn’t play politics with the livelihood of American citizens. I named this article Obama vs. Obama. Given the two choices, I would rather sit this one out.