People don’t learn from economic disasters alone. History has shown again and again that no matter how stark a disaster proves that a policy has failed, people can be convinced that the failure was due to not enough of it.
Every stimulus in history didn’t fail… they just weren’t big enough. We need a bigger stimulus and this time… will be different!
In case it wasn’t clear, I’m talking about Obama. He’s been an unmitigated disaster for the country, and people elected him again, convinced that what we need is more of the same, but harder.
I’d say good luck with that, but I’m stuck on this boat and going down with it.
Don’t get me wrong – Wet Noodles wasn’t going to ride in on a white horse and save the day. We’d be screwed under him, too, because he is too much of a wimp to do anything but more of the same. It’s just… jeez. People had a choice between a guy who was maybe, weakly, limply going to make some kind of effort – any effort whatsoever – to not bankrupt us and a guy whose plan was: FULL SPEED AHEAD TO BANKRUPTCY. And the American people made their choice.