ObamaNomics: DOW Plummets 512, Double Dip, Recession "Coming," Say Analysts

President Obama's entire Presidency has been one that (1) blames George W. Bush for everything and (2) tries to make terrible news look good.  That is precisely what Mr. Obama has done concerning the United States' current economic state:

The Stimulus that he said would prevent unemployment from breaking 8%?  A great success even though unemployment peaked at over 10% and remains well over 9%.  "It prevented a depression," Mr. Obama quipped during one of his speeches.  Naturally, President Bush was at fault for any failings that the Stimulus provided.

Oil prices?  Simply not Mr. Obama's fault.  Sure, he's the leader of the free world, but what can someone like that do about anything?  Likewise with inflation (which the President's Stimulus helped to cause).

Confidence in the market?  President Obama has been going on and on about how people are either holding the economy hostage (Tea Party!) or saying how terrible it was/is (President Bush!).  I can't possibly imagine why people wouldn't want to invest when there is a fear-monger in the White House.

The wealthy not creating as many jobs as he hoped?  Well, surely it could not be the President's fault.  I mean, wouldn't you want to spend money when the most powerful man on earth keeps saying that he plans to tax you extra?

What about the debt ceiling?  Well, in 2006, Senator Obama called raising it a "failure of leadership," railed against it, and ultimately voted against it.  Now, it is necessary... you know, because he's in office.

Mr. Obama blaming someone else

The point of all of this is that the President does not believe that he has done a single thing wrong during his Presidency.  It is some one else's fault, always: Tea Party!  Bush!  Republicans!  The rich (they "contribute nothing")!  Palin!  Zombie Ronald Reagan!

But here's the inside scoop:  for some reason, much of the American public was willing to go along with the President's lies.  They gave him some time to "fix" things; they've allowed him to blame President Bush for two and a half years.  But that ends today.

The DOW fell 512 points.  Job numbers are supposed to be terrible when they come out tomorrow.  President Obama whined that Republicans were causing the Stock Market to plummet because they didn't agree to a debt ceiling hike (not his fault, naturally).  After they did, guess what:  it plummeted much more than before.

The President has heralded his Stimulus and his economic policies as successes; imperfect, but booming successes that took America out of a recession caused by the evil mastermind Bush.  So what is he going to say if we dip once again into recession?  Analysts on CNBC are already sold on another one; the only question is whether it will be a quick recession or a long, painful recession.

Who's Mr. Obama going to blame?  Somebody, anybody, but the person who is responsible for much of the position that we are in: himself.

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