Of all the statistics pouring into the White House every day, [President Obama’s] top economic adviser Larry Summers highlighted one Friday to make his case that the economic free-fall has ended.
The number of people searching for the term “economic depression” on Google is down to normal levels, Summers said.
Makes you long for the days of old fashioned data massaging, doesn’t it?
Oh, let’s toss this in as well in which various members of Obama’s Cabinet threaten the Arizona Governor with reduced federal spending because Arizona Senator Jon Kyl said he thought the “stimulus” bill spending should be stopped. It’s Chicago in DC!
And we can’t overlook this, from Obama’s speech in Ghana —
No business wants to invest in a place where the government skims 20 percent off the top
As Instapundit notes American business owners are asking themselves “twenty percent? Where can I get that kind of deal?”. Clearly Obama is a man of detailed knowledge and experience. Why, just listen to his positions on the ‘stimulus’ bill. What’s most interesting is not that Obama thinks his supporters are such forgettful idiots that he’ll get away with this, but that’s he probably correct in that assessment.
This one is a bit more interesting, demonstrating as it does Obama’s fundamental disdain for any Constitutional limits on Presidential power. What we have is a story where Obama basically states that if he likes a treaty, he should feel free to implement it, regardless of what the Senate thinks. It’s of a piece with his signing statements, which so many told me demonstrated such disdain when former President Bush made them.