I think I’ll start a new category for that, in fact. For a guy who came to office running not against his opponent, and only somewhat against his would-be predecessor, but rather against “cynicism”, the current president has done a lot to raise eyebrows that he dost protesteth too much.
The latest is a new statement out from his economic advisor, Lawrence Summers about the pending jobless figures for the previous month due out this Friday, as it is every first Friday of the month. No doubt, these numbers will be (all together now) “unexpectedly high”, as they’ve been “unexpectedly high” for the past oh, thirteen months, for some reason. (I wonder, by the way, how decimating the economy with onerous taxes, threats of government take-overs, demonization of our strongest and most admired industries while attempting to federalize 1/5 of our economy would lead anybody to “expect” anything but higher unemployment…but then again, I’m not a wise economist. Hell, I’m not even a doltish sheep-like member of the old-school media. So what would I know?)
Anyway, Summers on CNBC today said that because it was snowy, “it’s going to be very important … to look past whatever the next figures are to gauge the underlying trends.” Uh huh.
And there was an earthquake in Chile, so that’s clearly going to affect our unemployment. Not to mention, that guy who died on the luge…. You know how that can have such a negative impact on the US employment rate.
If you weren’t watching closely enough, you might think that perhaps Summers is trying to cynically make excuses for his boss’s asinine policies and destructive proposals. But then again, that’d be a cynical way to look at it.
-Nick (ColoradoPatriot, from HQ)