Recently, Pres. Obama held his first official news conference as president of the US. Most of his comments were about the trials and tribulations of the American Recovery & Reinvestment Plan as it makes its way through the Congress. Personally, I thought it was a well given and acted performance. He was cleasr and explained stuff rather simpoly so that most America could understand what he was saying. I give him a thumbs up on that part.
However, in my opinion, he began to fall apart when the questions were asked. The first question came from AP’s Jennifer Loven she asked about his rhetoric of the plan’s wording say that he was dumbing down the dire consequences. Obama set off to explain why he was making the situation so dire. All in all it was a good answer until he came to the part and said, “What I won’t do is return to the failed theories of the last eight years that got us into this fix in the first place, because those theories have been tested, and they have failed. And that’s part of what the election in November was all about.”
That is just so much BS! Bank bailout–Bush, tax cuts–Bush, massive spending–Bush. He cannot say that he is changing the direction of government when he is using the same logic that was employed by Bush and the Boyz.
I do agree that some form of intervention is needed and the Repubs and that damn reoccurring “tax cut” thingy is not the way to go. I personally would prefer a more incremental approach…..spend and see how it works and then spend some more with adjustments and see how it works and so….
Sorry guys–Obama is using basically the same failed theories of the past eight years. Now when was that change suppose to come about?