Monday, July 28, 2008

Eureka! Obama's Economic Answer!

Here we go...

Presidential rivals Barack Obama and John McCain shifted the campaign focus back to the faltering U.S. economy on Monday, with Obama convening an all-star panel of advisers to help him hatch new approaches to a deepening problem.

Michael Jordan, Joe Montana andNolan Ryan?  No.  Just those journeymen slackers Warren Buffet, Paul Volker and former Phillies' 3rd baseman, Eric Schmidt.

Obama, ""The economic emergency is growing more severe, jobs are down, wages are falling, the financial markets threaten to be engaged in a protracted credit crunch with long-lasting ramifications."

And he didn't even mention dinosaurs running loose or cats and dogs comingling. Barack, you make Chicken Little look like an optimist!  But the "Big O" has a specific plan:

"What I would like to do starting today is figure out how can we start taking more short-term steps and long-term steps to restore balance in our economy so that entrepreneurship is encouraged, so that the market is thriving, so that hard work is rewarded," he said.

Got it?  "Short-term steps" and "long-term steps."  That's all we need!  Boy, it was right there in front of us this whole time!  Seems like during the Bush administration, all we've been doing the past 7+ years is taking medium-term steps.  What folly!

Okay, I couldn't resist.  Barack Obama is a gifted speaker, and it looks like that's what we're going to get for our next administration.  And after 8 years of a poor communicator, maybe all we're hoping for in the next administration is an inspirational speaker.

The economy would sure like a little help with the energy situation, fellas.  But I don't think the market forces of globalization are going to slow down, no matter how wonderful the oratory is.

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