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.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!
[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.
Goolsbee also blamed Obama's nationalization of the auto industry on ... "ta da!" ... George W. Bush.
Really.
Labels: Lame Excuses on High
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