Thursday, April 8, 2010

Obama Has Overpromised and Underdelivered

WWW.ROVE.COM, 4/8/2010 by Karl Rove - Originally published in the Wall Street Journal on 4/7: Obama Has Overpromised and Underdelivered... But the GOP will still have to make the case for itself this fall. ∴ We have heard for months that the Democrats' election prospects would brighten once they pivot from health care to the economy. But that seems increasingly unlikely. The reason is simple: President Barack Obama overpromised on his stimulus package and then grossly underdelivered. That has caused public confidence in his ability to handle the economy to drop. ∴ Of course, that hasn't stopped the administration from spinning. Take this past Sunday's media blitz in which White House advisers swarmed the morning talk programs. National Economic Council Director Larry Summers, for one, said on ABC's "This Week" that the most recent unemployment numbers are "hardly satisfactory," but nonetheless "good news" because job creation "is running somewhat ahead of what the administration was forecasting." ∴ That doesn't square with what administration officials said last year. Pass the stimulus and unemployment would be at roughly 7.5% by now, they promised. Read more at Rove.com...

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