Monday, June 08, 2009

They Take Us for Fools

Under the heading, "How Stupid Do They Think We Are?" Andy McCarthy of NRO strikes paydirt again:
Watching Fox News Sunday, I caught a panel on which Obama economic advisor Austin Goolsbee conceded that the administration had previously predicted unemployment would top out at around 8%, that it was now up to 9.4%, and that double-digit unemployment was a distinct possibility in the near future.

[SNIP]

Goolsbee then laughably intimated that the steep jump in the jobless rate could be attributable to hopeful signs that the economy is improving. Huh? See if you can follow this: He says flashes of hope that we are on the verge of a revival have purportedly caused previously uncounted jobless people to seek (but not find) work — that is, they waited out prosperous times, deciding to leap into the job hunt only when hundreds of thousands of heretofore gainfully employed people got pink-slipped and began competing for a declining pool of jobs.
If you buy Goolsbee's line, then I guess those chronic unemployed people are finally catching on to the "hope and change" thingee. Or we're looking at human sacrifice, dogs and cats living together... mass hysteria!

Goolsbee also blamed Obama's nationalization of the auto industry on ... "ta da!" ... George W. Bush.

Really.

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