[Guest post by Aaron Worthing; if you have tips, please send them here. Or by Twitter @AaronWorthing.]
There isn’t much to this post, but here’s a new version of a familiar chart and in one image it indicts Obama economic performance.
You can find it, here (h/t here). The line marked “with stimulus plan” refers to what Obama said would happen if we passed the stimulus. The line marked “Without Stimulus Plan” is what he said would happen if we didn’t. And the red jangly line at the top is what actually happened. So once again, we are shown that things are worse than they predicted if we did nothing. I’ve said this before, but it bears repeating–over and over until we have new people in charge. Logically there are only two explanations for why things are the way they are:
- Either the Obama administration stinks at making predictions; or
- They’re making it worse.
That’s it. There is no third option. And either way, it leads us to the same conclusion: they need to stop what they are doing. The reason why option #2 leads to that was obvious, but the reason why option #1 leads there is less so. The reason why their inability to predict accurately proves they need to stop is simply that if they can’t predict the future, then they can’t possibly know what the effects of their policies would be.
What we need at this point is for a President who will take the Hippocratic before attempting to treat our economic “body.” Like Hippocrates, we need a president who understands first and foremost that he or she doesn’t know very much about the “body” that s/he is treating and therefore follow the maxim “first, do no harm.” Obama stands before us today saying (paraphrase), “trust me, the economy would have been in much worse shape today if I didn’t intervene.” He is like one of the quacks of old who bled a person to death’s door, claiming that if he hadn’t the patient would have been in even worse shape.
The maxim “first, do no harm” means that you don’t do something you know will hurt the “patient” on the hope (without proof) that the benefits will outweigh the harm. Stop trying to “fix” the economy, Mr. President. You clearly have no idea what you are doing. And that’s not to say that any of the Republican nominees know how to fix it, either. That’s just the problem—no one seems to be able to believe that they can be leader of the free world and not be able to fix everything. Or maybe they are scared of the politics of appearing to do nothing. But you can’t, Mr. President, so all you can do is let go, and let it heal itself.
Don’t nothing is the best thing you can do right now.
Update: Via Insty, we get this scary chart, too:
If you’re out of work, don’t just try to find a job–think of how you can create your own job. Things are grim enough that it might be your best option–to be entrepreneurial.
[Posted and authored by Aaron Worthing.]