Sunday, August 28, 2011

The Lieutenant Calley School of Economics

What's a president to do? Obama cut short his "working vacation" by several hours so he could get back to Washington in time to preside over the destruction of the eastern United States and the damn hurricane fizzled out on him.
“Many Americans are still at serious risk of power outages and flooding which could get worse in the coming days as rivers swell past their banks,” said Obama. Clearly this guy is grasping at straws. Assuming the EPA isn't ready to unleash another round of carbon regulations the probability of power outages should decline not "could get worse" when the sun begins to shine and rivers don't rise after the rain has stopped unless one is talking about a fairly long river such as the Mississippi or Ohio.
“The impacts of this storm will be felt for some time and the recovery effort will last for weeks or longer." Considering that Obama thought NATO's air strikes on Libya would last "days not weeks" he might want to recalibrate his crystal ball. To be sure Hurricane Irene will be blamed for prolonged unemployment and the failing economy but it was supposed to provide the President a chance to very publicly show his concern for the wretched refuse of the teeming shores of New York, Connecticut, Massachusetts and any other blue or swing state. Former Pennsylvania Governor Ed Rendell has been salivating for days over the infrastructure jobs that would be created by a horrific storm and last week Paul Krugman was lamenting that the earthquake that did little more than rattle windows along the east coast wasn't severe enough to do serious damage to the region's infrastructure. Clearly Democrats think they can somehow rejuvenate a failing economy through its devastation. They are of the Lieutenant Calley school of economics who said, " We had to destroy the village to save it.

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