After their massive 2010 loss many Democrats consoled themselves that 2012 would be different. They assumed the economy would be roaring by then and Obama would be re-elected triumphantly. Well with 14 months to go, things are not looking that way. The media created Obama Boom is not materializing into reality. Instead the economy is on the verge of negative growth. This will means Obama faces a very tough re-election.
President Obama’s new effort to revive the ailing economy may be too little, too late, according to Democrats and liberal policy experts.
They contend that Obama missed his chance to turn the economy around by November 2012, but still want him to call on Congress to move an aggressive new jobs plan — even if it has little chance of passing.
Obama should swing for the fences during his speech on Thursday, they say, claiming there is no need to be politically pragmatic with the House in GOP hands.
This explains why the Progressives are in full demagogue mood. Their policies have failed so all they have is fear left.
Tags: Demagogue, Stagnation, The Obama Boom, The Obama Depression
