Friday, March 06, 2009

Failure is not an option *update*

For the Republicans, it has become a requirement.

And the absurdity just gets more comical by the day. David Sirota:

On the same day a new Wall Street Journal poll reveals that Americans trust in President Obama and congressional Democrats on economic issues is skyrocketing (and in the same month Fox’s own polls show the same), I debated Bill Kristol in a Fox News debate that the network’s moderator prefaced by asking why Obama’s economic actions were “forcing Americans to lose trust in the administration?” Watch it here - I kid you not (notice the graphic underneath asserting unequivocally that “Confidence In Obama’s Economic Team [Is] Lost” and that “Disappointment Grows Over Obama’s Economic Team”).

As you’ll see, Kristol has exactly one talking point: He says that the Dow Jones has lost 15 percent, or 1,355 points, since Obama took office, and he then effectively claims that Wall Street speculators’ day-to-day gyrations mean the vast majority of Americans do not trust Obama, irrespective of polls showing exactly the opposite.

Of course, Obama has been in office for 44 days - so just for a comparison, let’s remember that in the 44-day period between 8/28/08 and 10/11/08, the Dow Jones lost 27 percent, or 3,264 points. But Kristol doesn’t mention that little detail, because Republicans were controlling economic policy then (and you’ll notice Fox promptly ends the segment when I start bringing this up).

The point, of course, is to say that judging economic policy by 44-day periods in the market is absurd, and it is especially absurd to blame a 44-day-old presidency on market forces that three decades of conservative policies (that Kristol aggressively advocated) created. But that’s the extent of the GOP’s talking points today.

Earlier this week Jon Stewart tore into CNBC's Rick Santelli and Jiim Cramer, the elite's latest Goliaths of the class war, for the rants they have been spouting and the Tea Parties they have spawned. Watch it:

None of this revisionist, delusional, own-facts-entitlement BS is going to fly any more. Progressives have their own infrastructure to push it back, and besides, the voters understand who's spinning the lies.

-- Update:

Despite the tumbling economy, Barack Obama continues to enjoy a honeymoon with the American public in the face of the most trying crisis any newly inaugurated president has encountered since Franklin Delano Roosevelt. The GOP, meanwhile, is viewed by a majority of Americans as the party of "no," without a plan of its own to fix the economy, and even rank-and-file Republicans are concerned about the party's direction, according to the first NEWSWEEK Poll taken since Obama assumed office.

"People give Obama credit for reaching out to Republicans, but they don't see Republicans reciprocating," says pollster Larry Hugick, whose firm conducted the survey. "A surprising number said bipartisanship is more important than getting things done."

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