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The bankruptcy of the Obama-Pelosi 'progressive' agenda
Fox ^ | January 30, 2013 | Peter Morici

Posted on 01/30/2013 6:56:24 PM PST by Kaslin

No one can accuse the Democrats of being the party of personal responsibility. Confronted with an economy that contracted in the fourth quarter, Speaker Nancy Pelosi blamed Congressional Republicans for obstructing the president’s agenda and creating uncertainty.

In the wake of the financial collapse, the Democrats took full control of both the Congress and the Presidency in 2009 and were presented with an historic opportunity to put their ideas into practice. Unfortunately, the newly elected President Obama and Speaker Pelosi treated the situation as a political opportunity to build a Democratic majority rather than an obligation to fix what’s broken in the economy.

Shrewdly, President Obama cobbled together a broader Democratic coalition by delivering to women free health care services, to Hispanics amnesty for young adults, to younger folks overly generous student loans, to teachers and civil servants subsidies to protect their jobs, to labor unions a rebuke of Simpson-Bowles recommendation that the retirement age be raised, and to his political friends generous subsidies for solar panels, windmills and other whimsical projects. Meanwhile, he cut defense, raised taxes on small businesses, and imposed unproductive regulations on manufacturing.

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TOPICS: Editorial

1 posted on 01/30/2013 6:56:27 PM PST by Kaslin
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To: Kaslin

Doesn’t matter what Obama did. What matters is how he got away with it and what are we going to do about it.

2 posted on 01/30/2013 6:59:15 PM PST by EQAndyBuzz (I own a weapon to protect my family from those wanting to take that weapon away.)
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To: EQAndyBuzz

We know who helped him

3 posted on 01/30/2013 7:02:52 PM PST by Kaslin (He needed the ignorant to reelect him, and he got them. Now we all have to pay the consequenses)
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