Mort Zuckerman had an interesting hand-wringing piece on President Obama’s fall from grace with the American people. But one bit stood out — for all the wrong reasons. Read:
The administration’s stimulus program, because of the way Congress put it together, has created far fewer jobs than anyone expected given the huge price tag of almost $800 billion. It was supposed to constrain unemployment at 8 percent, but the recession took the rate way above that and in the process humbled the Obama presidency.
Note that to Zuckerman the stimulus wasn’t a bad idea, it was just poorly-implemented. It’s that same old liberal conceit — that there’s nothing wrong with the government having huge levers of power, we just need “the right people” to work them.
We’ve been hearing that excuse for a century or longer. Give it up already.
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