Obama: Running out of people to blame!

The Obama Economy

Excerpt:

As 2009 opened, three weeks before Barack Obama took office, the Dow Jones Industrial Average closed at 9034 on January 2, its highest level since the autumn panic. Yesterday the Dow fell another 4.24% to 6763, for an overall decline of 25% in two months and to its lowest level since 1997. The dismaying message here is that President Obama's policies have become part of the economy's problem.

Americans have welcomed the Obama era in the same spirit of hope the President campaigned on. But after five weeks in office, it's become clear that Mr. Obama's policies are slowing, if not stopping, what would otherwise be the normal process of economic recovery. From punishing business to squandering scarce national public resources, Team Obama is creating more uncertainty and less confidence -- and thus a longer period of recession or subpar growth.

The Democrats who now run Washington don't want to hear this, because they benefit from blaming all bad economic news on President Bush.

Reminds me of a joke:

Incoming Soviet Premier sits at this desk for the first time. Opening the top drawer he sees two envelopes prepared by his predecessor.

One envelope says on the outside - at the first crisis open this envelope. Written on the outside of the second envelope is the message, "At your second crisis open this envelope".

In time as will happen with government, the first crisis arose; and the Soviet premier carefully opened the first envelope. Inside was the message from his predecessor, "Blame me!".

Heartened by this wise advise, the Soviet premier railed on the errors and foibles of the previous premier.

Time passed and another major crisis arose. It was time to open the second envelope.

Inside was again the sage advice of the long deceased previous premier. The message was ....

"Prepare two envelopes"!

I heard this story probably about 15 years ago. When I left South Holly Baptist Church I told my successor this story.

Here it is in a slightly different flavor: http://toperjokes.blogspot.com/2007/05/two-envelopes.html