DOH! O’S ECONOMIC GURU HAS AN EPIPHANY!
Thank you very much, ladies and gentlemen – I’ll be here all night!
Testifying before Congress for the umpteenth time, (I have a theory they keep calling him back because they can’t believe that he actually said the stupid crap he said the time before) Mr. Obvious offered up is latest expert opinion on the state of the U.S. economy.
“The economy is not growing fast enough. Unemployment is very high.”
To which the committee chairman replied, “Okay, everybody – that’ll do it; thanks for coming. Last one out get the lights, please.” Okay, maybe it didn’t go exactly that way, but c’mon – you can’t tell me that those present in the room didn’t look at this guy with “WTF?” looks on their faces. Here’s the guru:
“The economy is not growing fast enough. Unemployment is very high. There’s a huge amount of damage left in the housing market. Americans are living with the scars of this crisis.
The institutions with authority should be doing everything they can to try to make economic growth stronger. That is an obligation we all share. Congress under the Constitution has the authority for the most powerful tools we have available to help economic growth. We’d like Congress to use those tools now in this context.
And again we will keep supporting anything practical, sensible, that will make growth stronger, help get more people back to work, help make credit more available to more people not just to buy a home or to refinance a mortgage, but to make sure businesses can expand to meet growing demand for their products.”
Correct me if I’m wrong, but we didn’t hire O and the boys to trot up to the Hill every few weeks to confirm that, yes, the economy still sucks; yes, the unemployment rate still sucks; no, Congress is not doing what it needs to do to fix the sucking economy and the sucking high employment rate; yes, we will support any proposals that are “practical” and “sensible” – which we define as proposals that rubber-stamping O’s proposals.
At any rate, it’s good to see that Timmy is still alive and well – on Planet Geithner.