Wall Street Journal headline: Obama’s Rhetoric Is the Real ‘Catastrophe’

by editor on February 16, 2009

the_screamAn article in Friday’s Wall Street Journal says exactly what so many in the media have thought, but what so few have been willing to say.

“Barack Obama has turned fearmongering into an art form, “ the Journal opined. “He has repeatedly raised the specter of another Great Depression.”

“…In his remarks, every gloomy statistic on the economy becomes a harbinger of doom. As he tells it, today’s economy is the worst since the Great Depression. Without his Recovery and Reinvestment Act, he says, the economy will fall back into that abyss and may never recover.”

“This fearmongering may be good politics, but it is bad history and bad economics.”

The Journal was just getting warmed up. The article continued to pick apart the fearmongering with a dazzling array of statistical comparisons that show the foolhardiness of the President’s words.

To paraphrase Admiral David Farragut, “Damn the torpedos. Full socialism ahead.”