Open Left

. (0.00 / 0)

And to add to that, I just don't engage in making assuming baseless predictions like:

And what will you say when it goes south--and it will--

Yes, Obama will suffer for it, losing approval ratings eventually.

It's no different then when Sirota was saying Obama was going to suffer from the AIG bonus situation. I'm still waiting on that one. Sometimes you have to step back from whatever future you already have hardwired as happening and actually look at the present.

What the present is showing is that the financial industry can be propped up enough to keep the economy from tailspinning. Knowing that, the timetable on how to handle the bailout situation changes. You get the chance to wait a few months and hope for the best, or use that time to massage the Senate.

Basically, if a person isn't fluid enough to adjust strategies to empirical evidence, then it's hard for me to take their predictions seriously. It has nothing to do with blowing sunshine, just don't come to me with political predictions and expect me to automatically take you serious.

---

by: NeonBlack @ Fri May 08, 2009 at 04:12:38 AM CDT

[ Parent | ]

Oh geez (0.00 / 0)

You're never heard of lagging indicators and delayed reaction? Every prez gets a honeymoon, especially during crisis--even Bush. But sooner or later, they get judged on their perceived successes and failures. If Obama is seen as having let the banks get away with murder, he will pay for it politically. This "recovery" is a financial trick. He borrowed trillions to "fix" the economy. When those markers start to come due, there will be hell to pay.

But please, don't take me "serious". I'm just with stupid Krugman.

The liberal soul shall be made fat. He who waters shall be watered also himself. (Proverbs 11:25)

---

by: kovie @ Fri May 08, 2009 at 05:13:00 AM CDT

[ Parent | ]