President-elect Barack Obama warned of dire and long-lasting consequences if Congress doesn’t pump unprecedented dollars into the national economy, making an urgent pitch Thursday for his mammoth spending proposal in his first speech since the election.”In short, a bad situation could become dramatically worse” if Washington doesn’t go far enough to address the spreading crisis, the Democrat said as fresh economic reports showed an outlook growing increasingly grim.<\/p><\/blockquote>\n
…but it’s probably not worth bragging about.<\/p>\n
So, all you “Hope and Change” voters; if your kids ask you “why can’t I find a job, and why does a house cost me 15% interest” one of these years, have you started working on your response yet?<\/p>\n
(And yes, I know Bush spent like a crack whore with a gold card.\u00a0 I was warning Republicans of this in 2000.\u00a0 And there’s nothing about “a bad spender” that justifies “a worse spender”, so just (to coin a phrase) move on).<\/p>\n","protected":false},"excerpt":{"rendered":"
The most galling thing about the Bush Administration was it gave the Dems – the party of Tip O’Neill and Ted Kennedy and Barney Frank – the opportunity to try to claim to be the party of fiscal responsibility with a straight face. I told myself down all those long years “if, heaven forfend, those […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[57,35,69],"tags":[],"class_list":["post-3954","post","type-post","status-publish","format-standard","hentry","category-economy-and-the-market","category-money","category-socialism"],"_links":{"self":[{"href":"http:\/\/www.shotinthedark.info\/wp\/index.php?rest_route=\/wp\/v2\/posts\/3954","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/www.shotinthedark.info\/wp\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/www.shotinthedark.info\/wp\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/www.shotinthedark.info\/wp\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/www.shotinthedark.info\/wp\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=3954"}],"version-history":[{"count":0,"href":"http:\/\/www.shotinthedark.info\/wp\/index.php?rest_route=\/wp\/v2\/posts\/3954\/revisions"}],"wp:attachment":[{"href":"http:\/\/www.shotinthedark.info\/wp\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=3954"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/www.shotinthedark.info\/wp\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=3954"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/www.shotinthedark.info\/wp\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=3954"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}