Tuesday, January 27, 2009

They Hope They Can Pull It Off

The Democrats' game plan

  • I am now convinced President Obama, Vice President Joe Biden, House Speaker Nancy Pelosi, Senate Majority Leader Harry Reid, other key leaders in the Democratic Party and the new administration realize they have no viable solutions to the economic crisis, know their own plans are going to exacerbate the problems and have concluded the only hope of maintaining absolute power beyond 2010 will depend on their ability to demonize their opponents and the Bush administration.

    So much for hope and change.

  • The only ideas being put forward by the Democrats are the very ideas that created the crisis in the first place – more government intrusion into the economy, more bailouts of failed financial and industrial institutions, more command-and-control policies from Washington, more picking of winners and losers among businesses and, of course, more spending and more debt.

    All of this is doomed to failure, and the Democrats know it.

  • Their only hope is to buy enough time for themselves until the economy can turn around on its own in cyclical fashion. But they clearly recognize that is not going to happen in the next two years – and probably not in four.

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