OBAMA LACKS THE RIGHT COMPASS - BUT DOESN'T KNOW IT: Why This Crisis Is Different From the 2008 Financial Crisis - WSJ.com
Obama certainly needs a different compass but he doesn't realize it from his speech last night.
This article certainly highlights the Rubicon to be crossed by the left or the right in terms of how they view government.
The liberals and Obama think more of what got us into this mess (as discussed above) will somehow get us out of it. Each of us can decide on our own whether we think they can change; or, like those well-indoctrinated in a particular religious faith, the 'knowledge' that they have a true belief goes far beyond reason; and, thus, the hope for a change of heart or a new 'awakening' is highly problematic.
Perhaps not truly Cassandras, there are those who say some type of true shock will be necessary to make people realize too much government is too much government.
Obama's focus on tax increases while he could just wipe ObamaCare or Dodd-Frank from the system for free is emblematic of the big problem; and, the fact that he doesn't even begin to see shows that things won't be getting better economically soon.
The real question is how the future will unfold amongst the myriad of alternate paths. Sadly, the best one can probably hope for is to move sideways and kick the can down the road. The downward paths are all more dour and upward paths will require a different compass.
Tuesday, August 9, 2011
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