Day: 2014.12.25

Eighteen Thousand

President Barack Obama, delivers his State of the Union speech at the U.S. Capitol on Feb. 12, 2013 in Washington, DC. (Charles Dharapak/AP)

“Add it all up, and Obama’s radicalism has killed the Dow to the tune of a 171 percent return since Boskin’s op-ed.”

Matt O’Brien

It seems something of a petty reward, occasionally witnessing the press undergoing a market value correction. Matt O’Brien recalls a 2009 op-ed, and those who recall the narrative of our American economy over the coure of the last several years might find some sort of comfort in knowing that, having passed Obama’s final electoral test, we can all admit that the tales we spun over the course of his presidency have been so much excrement.

Oh, come on. How many people are willing to admit it, now that we’re through the year-six midterm? All of that equivocation in order to pretend there really was some sort of debate to be had about not so much whether or not the wild-eyed tales of Republican horror were true or false, but just how true we were supposed to believe they were.

Admit it. Even when you were trying to be “fair”, nodding and winking at the talk over the corner table at the tavern, you knew it was all a fertilizer manufactory.

We have tried, over recent years, to redefine everything in order to keep up the appearance of a fair fight.

Ask yourself this: What do you want a President to do? And if he really does it, will you turn around and complain?

The economy is doing fine, and has been for a while. What isn’t doing fine is our business sector; was a time when civic and business leaders were often one and the same. These days, business leaders are the antithesis of anything civic save for dissolution.

It’s okay to admit you were wrong. It’s even okay to wonder why you were so determined to be wrong.

But let us face the real fact: This president was never the problem.

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O’Brien, Matt. “Now that the Dow has hit 18,000, let us remember the worst op-ed in history”. The Washington Post. 23 December 2014.

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