So, how’s that stimulus working out for you?

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Ok, so The One told us without the stimulus pork recovery plan unemployment would exceed 9%.  So, we spend billions on worthless projects and now have unemployment at 9.7%.  A truly scary number is that when you count folks who have taken part time work and those who have just given up, the rate is at 17%.   Well, Barry did promise us CHANGE, and we sure are getting it.  Let’s HOPE he doesn’t have any other tricks up his sleeve.

Er, well.  Then there’s this:

GM’s sales are down 45% from last September (when sales were already bad enough to drive the company into banrkuptcy). Chrysler is down 42%. Ford is only down 5%. Car buyers are clearly punishing the two bailout recipients brutally. Robert Farago of Truth About Cars–who has been right before–predicts that GM and Chrysler will both “go down by the end of next year” without a second, new federal bailout. The only question, he says, is whether the two manufacturers will need the cash before the 2010 midterm elections.

I’m really not all that surprised.  I for one would never purchase a vehicle from GM (government motors) and although I have been a near lifelong customer of Chrysler (Dodge trucks and Jeeps) I don’t think I could bring myself to buy a Fiat (whatever the name on the car).

Sad to say, but the country might be a helleva lot better off if little Barry would confine himself to Olympic bids.  At least there his failures only impact one city at a time.

God help us.

Comin’ apart at every nail

It’s always fascinating to me to read the viewpoints and observations of folks outside the USA on the sorry state of our nation and the apparent incompetence of our President.  Such is the case in an article entitled “Lament for a nation” by David Warren in The Ottawa Citizen.  Mr. Warren compares Obama to Gorbachev in presiding over the decline of the USA and the breakup of the Soviet Union.  I think that comparison is a bit strained, but I think it is hard to argue with this:

There is a corollary of this largely unspoken assumption: that no matter what you do to one part of a machine, the rest of the machine will continue to function normally.

A variant of this is the frequently expressed denial of the law of unintended consequences: the belief that, if the effect you intend is good, the actual effect must be similarly happy.

Very small children, the mad, and certain extinct primitive tribes, have shared in this belief system, but only the fully college-educated liberal has the vocabulary to make it sound plausible.

With an incredible rapidity, America’s status as the world’s pre-eminent superpower is now passing away. This is a function both of the nearly systematic abandonment of U.S. interests and allies overseas, with metastasizing debt and bureaucracy on the home front.

And while I think the U.S. has the structural fortitude to survive the Obama presidency, it will be a much-diminished country that emerges from the “new physics” of hope and change.

Speaking of Canadians, lately this Neil Young song has been ringing in my ears:

Its awful hard to find a job
On one side the government, the other the mob
Hey, hey ain’t that right
The workin’ man’s in for a hell of a fight.

Oh, this country sure looks good to me
But these fences are comin’ apart at every nail.

Way up on the old dew line
Some of the boys were feelin’ fine
A big light flashed across the sky
But somethin’ else went slippin’ by
Meanwhile at the Pentagon
The brass was a wonderin’ what went wrong.

Oh, this country sure looks good to me
But these fences are comin’ apart at every nail.

Hey hey, ain’t that right
The workin’ man’s in for a hell of a fight.

Oh, this country sure looks good to me
But these fences are comin’ apart at every nail.