Thursday, January 19, 2012

President Ratched

The most reasonable economic liberal in America, Robert Samuelson, sez President Obama's blocking of the Keystone XL pipeline is  is dumber than dumb. It's cuckoo.
President Obama's rejection of the Keystone XL pipeline from Canada to the Gulf of Mexico is an act of national insanity. It isn’t often that a president makes a decision that has no redeeming virtues and — beyond the symbolism — won’t even advance the goals of the groups that demanded it. All it tells us is that Obama is so obsessed with his reelection that, through some sort of political calculus, he believes that placating his environmental supporters will improve his chances...
It won't. Robert Redford says different. But Robert Redford is an actor. And a goofball. Obama has fewer excuses.

UPDATE: I don't quite understand how this happened, but the original post linked to a different version of the Samuelson column on this subject. The new link goes to the original piece I found at Realclearpolitics.  I think it's much stronger. Why there are two versions, I don't really know.

Read it all.


3 Comments:

Blogger CharlieSix said...

For those who choose to skip reading the entire link, here is the last paragraph: "As economic policy, it shows that regulatory issues do dampen job growth. They aren’t the only source of weak employment — the housing slump, the hangover from the financial crisis, and Europe’s ongoing problems are major causes — but the administration’s argument that they have no effect is refuted by its own actions." Sorry to offend those who view all caps as shouting but: THE ADMINITRATION'S ARGUMENT THAT THEY [their decisions and policies] HAVE NO EFFECT [on our economic difficulties] IS REFUTED BY ITS OWN ACTIONS. Shout if I may, shout if I might, shout if I must. This administration has no conscience, it has no acceptance of responsibility. The Keystone Pipeline issue is only one and the latest example of how President Obama has failed the American people.

January 20, 2012 at 12:08 AM 
Blogger Spencerblog said...

Charlie,
The new link doesn't have the paragraph you cite in your comment. Sorry about that.

January 20, 2012 at 8:11 AM 
Blogger Spencerblog said...

The link was to an old Samuelson column. The new one's better.

January 20, 2012 at 8:13 AM 

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