Sunday, July 19, 2009

 

Thought of the Day

Also in early July, Biden said "We misread how bad the economy was." This one is a bit different to explain away, since the administration billed itself as having super-genius comprehension of the problem and the necessary solutions. Now, many suspect, President Obama finds himself staring at a portrait of FDR, murmuring "Help me, Obi-Wan. You're my only hope."

What Biden meant to say, in his puckish way, that they misunderstood what an economy is, and how it works. Piling up a mountain of proposed taxes, mandates, regulations, do-nothing programs and pork unseen in such dimensions since Pink Floyd floated a dirigible pig over an outdoor concert might, in fact, prevent recovery.

So do not criticize him; applaud his palaver, and hope for more. Biden's "gaffes" are anything but -- they're simply what the administration is really thinking. Truer words have never been babbled.

James Lileks

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