Sunday, August 28, 2011

The hope and change hangover

link - Hugh Hewitt/Washington Examiner

National excess, like individual overindulgence, leads to uncomfortable aftereffects and even deeply painful ones.
The "hope and change hangover" the country is experiencing is 100 percent the consequence of the policies adopted in 2007 and 2008 by President Obama in concert with Nancy Pelosi and Harry Reid.

Even the recession bequeathed to this trio of massive spenders combined with the dire consequences of the Panic of 2008 did not oblige the country to struggle through the dreariest recovery in modern times.

This is an Obama-made becalming of the economic waters, an inevitability when Obamacare, the Dodd-Frank Wall Street reforms, an out-of-control federal regulatory blob consisting of the Environmental Protection Agency, Consumer Product Safety Commission, Department of Interior and more, combined with massive deficits to create the perfect storm for the private sector.

Discussion at Lucianne