Over the last couple of weeks, the Right Wing has trotted out the idea that this 2012 Presidential Election is going to be a referendum on Barack Obama. They claim that the American people have been let down by the President’s economic performance, and that it’s time get the good ol’ tricke down started again. They claim that so many people are out of work and hurting financially, and they know it’s because Obama has failed to pull us out of the Depression (seriously, it’s a Depression that we’re in), and thus this election will be all about Americans saying “no” to the Obama Administration.
This is typical of the fundamental idiocy of republicans, a consequent of their irrational hate of Obama.
It’s almost as if they’re so ignorant as to believe a president is some sort of ‘dictator’ who can rule by fiat, independent of Congress.
True, since the GOP took control of the House it does indeed seem as if Congress no long exists, but it has always been the sole responsibility of Congress to act on economic policy. A given president may indeed propose legislation and attempt to influence policy, but itÂ’s ultimately the responsibility of Congress to work with the president to see effective policy enacted, and thatÂ’s clearly not been the case with the House.
And republican idiocy is further compounded with the ridiculous notion that any ‘fix’ can be quick, that after just three years any type of recovery might be realized. The economy will heal and recover in its own time and in its own manner, regardless who the president is or who controls Congress.
ThereÂ’ll be no economic recovery until the housing market recovers, and that could be another decade in the making.
Given the horrendous economic damage that was done as a consequence of the December 2007 recession, the still crippled housing market, and the unwillingness of the House to enact any recovery measures for purely partisan reasons, it’s nonsense to expect any type of sustained recovery after such a short period of time, and even more nonsensical to ‘blame’ the president, his only ‘fault’ is being a democrat.