Posts Tagged ‘Recovery Act’
January 27th, 2012 at 3:25 pm
Now Biden’s Solyndra Goes Belly Up

During a visit to Solyndra’s Fremont, CA, headquarters President Barack Obama infamously proclaimed “we can see the positive impacts [of Recovery Act stimulus money] right here at Solyndra.”  A year later, Solyndra filed for bankruptcy.  Less noticed was Vice President Joe Biden’s equally presumptuous statement last year that Indiana-based EnerDel – a maker of government subsidized batteries for electric cars – was the “start” to reorienting “the way Americans power their lives.”   As of yesterday, exactly one year after Biden uttered those words, the latest green energy fiasco declared bankruptcy.

For those keeping score, that’s Solyndra costing $535 million, EnerDel $118 million, with more failures to follow.  Had enough, America?

October 26th, 2010 at 7:29 pm
Poll Numbers Continue to Show Massive Pick-Up for GOP

Jay Cost at The Weekly Standard makes a compelling case that one of the reasons a Republican victory next Tuesday may seem ho-hum is that its arrival has been trumpeted for so long.  After months of voter resentment over ObamaCare, the Recovery Act, and spiraling unemployment the notion that the GOP might surpass 1994’s gains can seem pedestrian.

Cost reminds us it isn’t.  In fact, the intensity and location of voter resentment towards the liberal status quo could portend a possible realignment in states President Barack Obama won in 2008 to the GOP column.

The circumstantial evidence in favor of this? As Jim Geraghty’s Obi Wan noted yesterday, it’s all around us.  We simply have gotten used to it. Ohio is all but gone for the Democrats, including the swingiest of swing districts in Columbus.  Michigan is a lost cause. So is liberal icon Russ Feingold in Wisconsin.  Pennsylvania looks like it will go maybe +4-6 for Toomey and Corbett. All of these places voted for Obama, and all of them are basically gone. Weak Republican candidates in Colorado and Nevada keep those races tight, but otherwise the toss-ups are: California, Illinois, West Virginia, and Washington. The last Republican presidential candidate to win all four of these? Ronald Reagan in 1984.

Whoever earns the GOP presidential nomination for 2012 will have the wind at their back and a groundswell of proven precinct walkers at the ready.  We’ll see if the candidate can figure out how to use them.

October 22nd, 2010 at 1:19 pm
Do You Suffer From Obama Underappreciation Syndrome?

Pundit and board certified psychiatrist Charles Krauthammer identifies a new strain of derangement infecting the body politic:

Here Obama has spent two years bestowing upon the peasantry the “New Foundation” of a more regulated and socially engineered, and therefore more humane, society, and they repay him with recalcitrance and outright opposition. Here he gave them Obamacare, the stimulus, financial regulation, and a shot at cap-and-trade — and the electorate remains not just unmoved but ungrateful.

Faced with this truly puzzling conundrum, Dr. Obama diagnoses a heretofore undiscovered psychological derangement: anxiety-induced Obama Underappreciation Syndrome, wherein an entire population is so addled by its economic anxieties as to be neurologically incapable of appreciating the “facts and science” undergirding Obamacare and the other blessings their president has bestowed upon them from on high.

But don’t just take Dr. Krauthammer’s word for it.  Check out this clip of President Barack Obama blaming his downward spiral in popularity on a lack of effective advertising.

Feel better now?

August 9th, 2010 at 2:33 pm
Robert Rubin’s Formula for Success Equals Electoral Doom for Liberals

During a television appearance over the weekend former Clinton Treasury Secretary Robert Rubin stumbled onto a hard truth for liberals when it comes to proving they can be trusted to reduce the deficit.

“If you could do it and it was credible and people believed it and it was real, I think that could do a lot for confidence.”

Let’s reword that a bit: If a deficit reduction plan was credible – meaning people believe it can work based on its assumptions and terms – and real – meaning the people proposing it are committed to implementing it – then the public would have confidence that the government could reduce the deficit.

Put another way: Credibility + Reality = Confidence

Applying that formula to ObamaCare and the Recovery Act shows just how much liberals fail to make the grade.

So far, the liberals running Washington, D.C. have shown themselves anything but credible and based in reality.  No wonder nearly two-thirds of Americans have no confidence in them.