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Old 04-29-2009, 04:32 PM   #518
Dino 6 Rings
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Default Re: The Official Bash/Question/Make fun of Democrats/Government/Obama Thread

97. GLENN BECK ON: BAD ECONOMIC PREDICTIONS

"Ten days before his inauguration, the President's chair of the Council of Economic Advisers, Christina Rohmer, released a report describing what to expect economically during the first 100 days and beyond. It presented two starkly different scenarios: one good (if the stimulus were to be passed), and one terrifyingly bad (if we did nothing). Amazingly, the report estimated that if the stimulus package were to pass, the unemployment rate would not go above 8% at any time until at least 2014.

"It's already at 8.5%.

"In fact, while there is an acknowledged level of uncertainty, the projections estimated that the unemployment rate would be lower today if we had done nothing at all. This suggests one of two things: either the administration misjudged the seriousness of our economic problems, or the stimulus plan is actually making things worse. I suspect it's a little of both.

"Remember, when the President's budget was released, he was roundly criticized for his never ending deficits, even under his own optimistic scenarios for growth. The nonpartisan Congressional Budget Office projected deficits that were even uglier. But, if the President and his economic planners were this far off, this soon, how much worse does the future look now?

"The election was supposed to bring 'change,' but I was hoping for more than the letter after the President's name, the positivity of the media coverage, and the hypoallergenic qualities of the White House puppy. President Obama didn't get us into this situation, but so far he's doubling down on the same spending philosophy that did. Common sense tells us that new debt is not the cure for old debt. No matter what the slogans say, that won't change in 100 days or 100 years."

-- Glenn Beck is the host of the "Glenn Beck" show, weekdays at 5 p.m. on Fox News.

98. "Education Secretary Arne Duncan has decided not to admit any new students to the D.C. voucher program, which allows low-income children to attend private schools ... For all the talk about putting children first, it's clear that the special interests that have long opposed vouchers are getting their way." -- Washington Post, 4/11

99. Obama enrolled his daughters in a DC private school.

100. "Don't think we're not keeping score, brother." -- Obama to Rep. Peter DeFazio, after the Democratic congressman voted against the stimulus bill.

Due to an editing error, a portion of this piece originally was improperly credited to Sarah Palin, when it should have been attributed to Meghan Clyne.

http://www.nypost.com/seven/04252009...7.htm?&page=17
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