“The power under the constitution will always be in the people. It is entrusted for certain defined purposes, and for a certain limited period, to representatives of their own choosing; and whenever it is executed contrary to their interest, or not agreeable to their wishes, their servants can and undoubtedly will, be recalled.”

~ George Washington (1787)

Sunday, April 15, 2012

"Remarkably successful" only on another planet

From Hot Air:
Treasury Secretary Tim Geithner made the Sunday talk-show rounds this morning, but seemed to have a little difficulty in getting his talking points straight. On Meet the Press, David Gregory had to ask Geithner twice whether he’d call the economic policies of the Obama administration a success.  Geithner finally said that they have proven “remarkably successful,” even though nominal unemployment has been above the 8% mark that Barack Obama promised his policies would prevent for 38 straight months, and real unemployment rests somewhere between 11-12%.
Obamanomics have been "remarkably successful" only in that, given President Zero's complete incompetence, we haven't tumbled into The New Zimbabwe.
Do read the whole thing, and note how TurboTax Tim spins on our economic "growth".
UPDATE:  Treasury Secretary Geithner spins so hard and fast that he could turn a multi-megawatt electrical generator: 
President Obama’s economic policies “were incredibly effective,” Treasury Secretary Timothy Geithner said Sunday, crediting the president with having prevented a depression.