A Comment About

The Persistence of Obama Love

March 6, 2009 - 9:44 am - by Neo-Neocon
Jeff Perren
2009-03-07 13:30:50

Jack,

a few responses:

“you are pinning your argument on Obama’s two months as the problem and trying to multiply it across his whole term”

History didn’t begin two months ago. It’s well known what kind of policies will lead to what kind of results. It is this to which people are responding, and they see it reinforced daily with the choices and justifications Obama gives. The next four years are going to even worse.

“but people spending money is how you get the funds back into the economy where it needs to be.”

This is the basic Keynesian error. Read up. Hazlitt, Mises, Hayek, et al (or dozens of contemporary commentators like Higgs, di Lorenzo, etc). If you do, and still maintain this view, then you are committed to error.

“I’m not sure why you all are so excited about hoping the President fails.”

You are dropping context. This has been explained dozens of times. Conservatives want his wrong-headed policies to fail so they will have some liberty at the end of the day. They don’t really have to wish for him to fail, since those policies will fail regardless. But if Obama fails to get them adopted (too late, of course) we would be better off.

“We blamed Bush for his bad decisions (including claims of incompetence) but he wasn’t called evil,”

Not true. Perhaps you haven’t had much exposure to the Kos, Huffington, and other sites where this sort of thing was utterly common.

Jeff