The great political cartoonist Michael Ramirez from Investors Business Daily has a great cartoon out that coincides with a sizzling editorial on all of the excuses for economic failure eminating from the White House.
The President and his team have repeatedly blamed “bad luck,” corporate jet owners, the Tea Party, earthquakes, the ‘arab spring,’ and the weather for the current malaise and high unemployment that have plagued this administration since President Obama took office in 2009.
The editorial board of Investors Business Daily writes:
Obama likes to blame the depth of the downturn for the “painfully slow” recovery. “We didn’t get into this mess overnight, and we won’t get out of it overnight. It’s going to take time,” he said — nearly a year ago.
The claim is bogus. This recession lasted only slightly longer than the 1981-82 contraction — 18 months vs. 16 — and wasn’t as severe when measured by peak unemployment.
But the economy came screaming out of that downturn, and in three quarters was already well into an expansion. The 1973-75 recession lasted 16 months, but also took only three quarters to fully recover.
Obama’s also fond of blaming the sluggish recovery on the fact the recession resulted from a “financial crisis,” alleging that something about that kind of recession makes for a longer recovery time. But it’s not like all the other slumps didn’t have any hint of financial crisis behind them.
Now he and his friends have taken to blaming bad luck and Republican bad faith for supposedly weakening what had been an improving economy.
Also, be sure to check out Mr. Ramirez’ fantastic collection of his works: Everyone Has The Right to My Opinion, which gives terrific look at political history.
