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Economy
Western World Operating On Shaky Business Model
2011-07-23
Obama has done his best to pretend to take them seriously. He claimed to have a $4 trillion deficit-reduction plan. The court eunuchs of the press corps were impressed, and went off to file pieces hailing the president as "the grown-up in the room."

There is, in fact, no plan. No plan at all. No plan whatsoever, either for a deficit reduction of $4 trillion or $4.73. As is the way in Washington, merely announcing that he had a plan absolved him of the need to have one.

So the president's staff got out the extra-wide teleprompter and wrote a really large number on it, and simply by reading out the really large number, the president was deemed to have produced a serious blueprint for trillions of dollars in savings.

For his next trick, he'll walk out on to the stage of Carnegie Hall, announce that he's going to play Haydn's Cello Concerto No. 2, and, even though there's no cello in sight and Obama immediately climbs back in his golf cart to head for the links, music critics will hail it as one of the most moving performances they've ever heard.
Posted by:Beavis

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