It's always entertaining to read the same news in the left-leaning San Mateo Mercury Times/News and the right-leaning Wall Street Journal. Saturday was a great entertainment day. In the Times we get headlines like "Debt debate irks Eshoo, Speier" and "Lawmakers frustrated with Obama". In the latter piece we read
"I can't begin to explain what the president is doing," said Speier, whose disenchantment with Obama appears to be growing, "and I'd rather not comment".
then Eshoo chimes in with
The stimulus bill of 2009 has faded out, she said, and a new job-creation effort is sorely needed.
Oh my, Anna, really? You want another massive failure of multi-hundred billions proportion? Back to the Journal for the other view in an editorial titled "The Jobs Double-Dip"
President Obama's economic advisors have been leaving one by one to return to private life, and who can blame them. They used the entire Keynesian, liberal playbook, and this is the result. The intellectual dissonance must be demoralizing.
"Intellectual dissonance" is the $50 word for "I don't have a clue what went wrong with my plan". Austan Goolsbee just quit like Christine Romer did before him on the CEA. Larry Summers and Peter Orszag quit and Paul Voelcker, who was all over the news during the election, must have escaped to Martha's Vineyard or something. We get the government we deserve, and Eshoo and Speier aren't only ones who are disenchanted in their districts.


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