During last Thursday’s broadcast of The Lush Dimbulb Farce, wingnut blowhard Lush Dimbulb made the unbelievable claim that the Great Recession, which took place from December 2007 to June 2009,
was President Obama’s fault. Of course, as any sane American would
know, Barack Obama was elected President of the United States in
November 2008 and took office on January 20th, 2009. Therefore, it would
be hard to blame Obama for an event that began more than a year before
he took office. However, that is exactly what El Lushbo did on Thursday.
Dimbulb began the segment by playing a clip from Faux Business’ Opening Bell with Maria Bartiromo. The hack and a guest of the show discussed a recent poll from Rutgers University.
The poll showed that 71% of Americans feel that the recession has
permanently affected the American economy. This is a change from
November 2009, when the recession had just recently ended. At that time,
49% felt that the recession would have a long-lasting impact on the
economy. It appears that over the past nearly five years, the American
public has come to realize that the damage done throughout the 2000′s
will be around for years and years.
The way Lush sees this, however, is that Democrats
have spent years spreading propaganda blaming the economic and financial
disasters of the 2000′s on the shrub, all in an effort
to distance the current POTUS from any culpability. In Lush’s delusional mind, the
recession that began in 2007 is all on Obama and Democrats and liberals
are behind a grand conspiracy to smear the shrub and anoint Obama.
The following excerpt is from the show’s website (emphasis mine):
LUSH: Right. Well, as usual, my friends, I am required to read the stitches between the fastball here. Why did I choose this sound bite? What is it about this sound bite that’s so urgent that I wanted you to hear it? Well, right here it is. “Most people, Sandra, believe the recession has permanently damaged this economy.” Who do most people blame for the recession? That would be the shrub.Why do most people blame the shrub? Because the Democrats had literally no opposition for four or five years, maybe more, as they set this premise up. So even after six years of the Obama presidency with specific Obama policies, which have done great harm and damage to this economy, we have a poll here that says most people think Obama couldn’t fix it ’cause it’s permanent. That’s how bad the shrub’s economy was.…Now, on this poll where the recession’s been a permanent drag, the Rutgers poll, you don’t even find Obama’s name. Obama is not mentioned in the poll questions. He’s not mentioned in the results, even though it was his recession. But, no, this is the shrub's economy, and it was so bad, it’s now permanent. That’s what many people think. Not even Obama could save us, folks, it’s so bad what the shrub did.
Here are the facts. The recession officially ended
in June 2009 due to the American Reinvestment and Recovery Act of 2009.
This was passed by Obama weeks into his presidency in order to reverse
the negative trends occurring in the economy. Jobs were being lost,
people were being foreclosed on and the economy was shrinking. Something
needed to be done and the President got something together ASAP. And
the thing is, it worked. While it wasn’t nearly as progressive as many
on the left would have liked, the fact is millions of jobs were either
saved or created, and we started seeing economic growth again.
The repugicans have tried to act like the stimulus was a bust and didn’t work. However, they are dead wrong. In February of this year, The New York Times
decided to revisit the stimulus and see how effective it was in helping
the nation’s economic recovery. They found that it did quite a bit.
The stimulus could have done more good had it been bigger and more carefully constructed. But put simply, it prevented a second recession that could have turned into a depression. It created or saved an average of 1.6 million jobs a year for four years. (There are the jobs, Mr. Boehner.) It raised the nation’s economic output by 2 to 3 percent from 2009 to 2011. It prevented a significant increase in poverty — without it, 5.3 million additional people would have become poor in 2010.
In that same piece, they also pointed out that, due
to repugican messaging in the months and years after the stimulus was
passed painting it as a failure, further plans by the President and
Democrats to create jobs and boost the economy were killed.
And yet repugicans were successful in discrediting the very idea that federal spending can boost the economy and raise employment. They made the argument that the stimulus was a failure not just to ensure that Mr. Obama would get no credit for the recovery that did occur, but to justify their obstruction of all further attempts at stimulus.So the American Jobs Act was killed, and so was the infrastructure bank and any number of other spending proposals that might have helped the country. The president’s plan to spend another $56 billion on job training, education and energy efficiency, to be unveiled in his budget next month, will almost certainly suffer a similar fate.This may be the singular tragedy of the Obama administration. Five years later, it is clear to all fair-minded economists that the stimulus did work, and that it did enormous good for the economy and for tens of millions of people. But because it fell short of its goals, and was roundly ridiculed by repugicans and inadequately defended by Democrats, who should have trumpeted its success, the president’s stimulus plan is now widely considered a stumble.
Obviously, Lush is just doing the House repugicans
bidding right now and trying to reframe the failures of the shrub junta as somehow being Obama’s fault. Since the economic
recovery has been somewhat slower than Americans would like and wages
are stagnant due to repugican intransigence, the thing to do now is
tell the public that the Great Recession that brought financial ruin to
millions of Americans was actually Obama’s fault. It doesn’t matter that
he wasn’t President at the time. If you are going to lie, might as well
lie big.
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