26 August 2010

A Loss of Connection (cont'd)

Even David Letterman seems to think that the President's behavior has led to a disconnect with the people. About the President's 6 vacation in the last 18 months, Letterman said the following: "He’ll have plenty of time for vacations after his one term is up."

The economy has not been responsive to the stimulus or the various "reforms" that have made their way through Congress. If anything the regulatory environment has made the economic recovery more difficult. Comments from the head of Intel mirror those of other companies:

I think this group does not understand what it takes to create jobs. And I think they're flummoxed by their experiment in Keynesian economics not working."
Last year, he said: "I am not a Keyensian. I don't necessarily think that all this spending by the government is what will save the economy. My opinion. I do think that it was essential to do some significant short-term spending to put confidence back into the system. Notice I said confidence, not money.
As Obama's vacation continues, the following was reported by ABC's Jake Tapper:

As the president walked around the restaurant, some cordoned-off reporters shouted out to him questions, including one about the war in Iraq. Next Tuesday night, the president will deliver an Oval Office address at 8 pm ET, in which he will mark the occasion of the withdrawal of US combat troops from the country.
But the president was in no mood today to discuss the issue with reporters in that setting. He ignored questions for a bit, then turned to the reporters.
"We're buying shrimp, guys,” he said, smiling. “Come on."

I don't begrudge the man some time off with his family, but Obama is the CEO of the United States. This is not a 9-5 occupation. His attitude toward the question does not promote a sense of confidence (in my admittedly biased mind).

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