Tag Archives: economists

Obama’s Double-Dip Learning Curve

BY TONY BLANKLEY
Reprinted from The Washington Times

In one of the least-needed reassurances in modern political history, President Obama’s top political man, David Plouffe, “told Democrats late last week that the White House would not suffer from overconfidence. ‘What I don’t want to suggest is that we’re sitting around and thinking everything is great,’ he said.”

With the White House’s own economists predicting 9 percent or worse unemployment on Election Day, the president at about 39 percent job approval, college graduates unable to find jobs, a quarter of American homes under water, no credible White House policy or strategy for changing things – and with most non-institutionalized Americans convinced we are in a recession that is going to get much worse – it is surpassingly odd that Mr. Plouffe, as The Washington Post said, was worried that his fellow Democrats might think the president and his men think everything to be hunky-dory. Continue reading