Obama Wrecks Economy

Bradley Schiller contributed to the dialogue about Obama's hyperbolic rhetoric talking down the economy in the Wall Street Journal. Obama utilized this tactic to great effect in the campaign and is continuing to bemoan what he falsely terms "the worst economy since the Great Depression" to advance his agenda through Congress. What Schiller fails to note is that Obama is using the bully pulpit to create self-fulfilling prophecy. The non-stimulus plan just passed will prolong the recession and create conditions that defy the normal economic cycle-Obama's manipulation will preclude the normal course of recovery. His very actions may create the depression that he is warning us about.