Question Answered: Why Liberals Like Economic Gloom and Doom

December 1, 2008 by  
Filed under Economics

Rahm Emanuel seems to have answered my question as to why the liberal media tend to promote economic gloom and doom.   In a Sunday interview, when asked about the current economic crisis, the incoming Obama Chief of Staff said:

Rule one:  Never allow a crisis to go to waste. They are opportunities to do big things.

I interpret this burst of candor by Emanuel to mean that there is no reason to moderate negative news about the economy or even to boost consumer confidence until after the Obama team puts its “big things” in place.  I am afraid these “big things” include “big” spending, “bigger” taxes (on some of us), and the “biggest” government deficits imaginable.  For good measure, Congress will no doubt throw in some good ol’ fashioned pork barrel “infrastructure” on top of the pile of big things.

Anyway, thanks to Mr. Emanuel for clearing that up for us.

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3 Responses to “Question Answered: Why Liberals Like Economic Gloom and Doom”
  1. Patriot says:

    “big” spending, “bigger” taxes (on some of us), and the “biggest” government deficits imaginable. – no, no….you don’t have to worry anymore. In case you have not seen the news, Bush is leaving. He turned a budget surplus into the biggest deficit ever. Pork barrel politics increased 4-fold while Bush was president and the Republicans ran Congress. All that is changing now. These guys have only a few more weeks left in office. They can’t do the damage you are afraid of anymore.

  2. Patriot – Agreed. Bush was no fiscal conservative and no friend of the dollar.

  3. doctor S says:

    I guess the consensus is that, since Bush is leaving, we can not do any worse? As much as I want to believe it, I can not until results are shown. I am elated that Bush is gone, but the first 6 months of Obama’s presidency are going to be extremely interesting, especially with characters such as Rahm Emanuel at the helm. Happy horrible Monday after long holiday weekend to all!

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