Obama has turned into Chicken Little on the economy, running around predicting disasters we can’t even imagine at every turn. Not only does the guy have the physical posture of a slacker instead of a President, his posturing in the terms of the way he speaks about the economy is even weaker.
Dick Morris put it this way today on his website: “Unfortunately, the president is so anxious to use the bad economy as an excuse to get every last little bit of government spending in the budget, he has pushed the markets down by a nonstop drumbeat of bad news and harsh predictions. When the president says that we may be entering a downturn from which there is no ready escape, investors, consumers, producers and businesspeople tend to listen and avoid any spending or risk. Obama has spent so much time warning of the disaster ahead that he is doing little from his bully pulpit to avert it.”