Millions of Americans have voted for
Barack Obama to "fix" our economy and are breathlessly awaiting
his inauguration so that he can implement his plans to "get America
back to work." Are those voters ever in for a surprise.
In a November 22 radio address, Obama
stated that "we are facing an economic crisis of historical
proportions" (true enough) and that "we must do more to put our
people back to work and get our economy moving again."
How does our new president-to-be intend
to achieve this result? Obama declared that "I have already
directed my economic team to come up with an Economic Recovery Plan
that will mean 2.5 million more jobs by January of 2011," and that
"we'll put people back to work rebuilding our crumbling roads and
bridges, modernizing schools that are failing our children, and
building wind farms, solar panels, fuel-efficient cars, and
alternative energy technologies ... "
This, I submit, is the worst kind of
economic claptrap, and is easily demonstrable as such.