{"id":36095,"date":"2010-08-10T01:01:01","date_gmt":"2011-05-19T00:40:35","guid":{"rendered":""},"modified":"2011-05-19T00:40:35","modified_gmt":"2011-05-19T00:40:35","slug":"obama_economic_team_finds_that_marxism_can_be_exhausting","status":"publish","type":"post","link":"https:\/\/admin.rushlimbaugh.com\/daily\/2010\/08\/10\/obama_economic_team_finds_that_marxism_can_be_exhausting\/","title":{"rendered":"Obama Economic Team Finds That Marxism Can be Exhausting"},"content":{"rendered":"
\n

RUSH: This from TheHill.com: ‘President Obama\u2019s economic team is exhausted, according to White House spokesman Robert Gibbs, and that is one of the reasons Christina Romer announced her departure Thursday. Gibbs dismissed reports that Romer, the outgoing chairwoman of the president\u2019s council for economic affairs, was leaving because of conflicts with Larry Summers, the director of the National Economic Council. The press secretary told The Hill on Friday that Romer and the rest of the economic team have worked the equivalent of six years during the 18 months they\u2019ve been in office, and Romer wanted to return to her normal life.\u2019<\/p>\n

I don\u2019t think it\u2019s any accident she resigns the day before another batch of rotten economic news comes out, particularly unemployment news. Gibbs said: ”These guys have probably packed a term and a half into a half of a term.\u2019 Romer is the second member of the economic team to leave this summer. She follows Peter Orszag, director of the Office of Management and Budget. The early days of the administration alone were enough to wear the team down, he said, as they realized the depth of the recession.\u2019<\/p>\n

I don\u2019t buy this at all. How much work does it really take to come up with three or four policies that essentially destroy the US private sector? How much work does that take? It\u2019s very simple to do. A lot of countries have been trying to destroy us for years. And, look, in just a little over a year and a half, look at what\u2019s happened to jobs, look at what has happened to the creation of wealth, look at what has happened to economic activity, innovation, entrepreneurism. Look what\u2019s happened to it in just a year and a half. And even at that, with all of that, many of Obama\u2019s key supporters are depressed and unhappy. They\u2019ll never be happy because no matter what they get it\u2019s never enough. But, my gosh. <\/p>\n

Folks, if we conservatives had done as much and gotten as much of our agenda advanced in a year and a half as these people have we would be deliriously happy and we would be motivated and inspired, and the last thing we\u2019d be thinking of doing is quitting. We would be running even faster, we would be hiring even more people. We would be so up we would not be sleeping. And now the economic team is exhausted? This is the biggest crock. How in the world can they be exhausted? ‘Rush, have you seen the hours they put in?\u2019 Yeah, I know, Obama shows up at 9:30 in the morning, Bush got there at seven, Obama shows up at 9:30. They\u2019re not doing anything. Now maybe, let\u2019s be charitable and let\u2019s say there are some people being conned in this administration, or let\u2019s say there are some people who genuinely believe that what they\u2019re doing is what will grow an economy. <\/p>\n

These people are idealists, and some of these leftists do believe that this kind of stuff is what creates panacea, nirvana, utopia, and it has been suggested that one of the reasons there\u2019s so much anger and depression on the left is that now they\u2019ve got everything they want, they\u2019ve got total control of the House and the Senate and the White House, and they\u2019re getting everything they want done to one degree or another, and it\u2019s not working. There is no utopia. There is not universal unity. There is not overwhelming happiness and contentment. The country is more divided than it\u2019s ever been. Well, short of the Civil War. I don\u2019t think exhaustion is the right word in this story or the headline. ‘Obama\u2019s Economic team Exhausted.\u2019 Obama\u2019s economic team is defeated. Obama\u2019s economic team knows they have failed. Whatever they believe, whatever their intentions, whatever their grand designs, it ain\u2019t working. Folks, trust me on this. I don\u2019t care how hard you\u2019re working, if it\u2019s working and if you\u2019re having success, you stay at it, you can\u2019t get enough of it. I love it, I want more of it. <\/line> <\/line> These guys don\u2019t want any more because it isn\u2019t working, whatever their perspective. ‘But, Rush, but, Rush, I thought you\u2019ve said that Obama wants this recession.\u2019 Oh, he does, I have no doubt that Obama\u2019s happy about this result. People still ask me, I get e-mails, they just can\u2019t get their arms around it, ‘Why do you think that?\u2019 Because he\u2019s not doing anything to change it. This isn\u2019t complicated, folks. Government doesn\u2019t create wealth, government doesn\u2019t create anything. All it does is redistribute wealth and destroy wealth. We\u2019re seeing it happen right before our very eyes. Your house, the value of your asset portfolio, whatever, it\u2019s down from what it was when Obama took office, big time, and it\u2019s showing no improvement anywhere. And now the markets are breathlessly awaiting Ben Bernanke. The Fed chairman is going to have an announcement this afternoon and everybody\u2019s wondering what he\u2019s going to do. I\u2019ll tell you what he\u2019s gonna do. He\u2019s gonna keep printing money, that\u2019s what he\u2019s gonna keep doing. They\u2019re gonna try to flood the market with dollars and call that economic growth. That\u2019s what they\u2019re going to do. <\/line> <\/line> What a lot of people are hoping — and, by the way, this is a pipe dream — what they\u2019re hoping is that Bernanke will come out and suggest that the Bush tax cuts be extended. That\u2019s what a lot of people are hoping. This is an economy in disarray, this is an economy that\u2019s tanking, and those tax cuts that are going to sunset and equal a bunch of tax increases starting next January, look, there\u2019s no recovery, productivity is down. There is no recovery. Everybody\u2019s worried now about a double-dip recession. We really haven\u2019t gotten out of the recession we were in. They may want to make a technical argument that GDP has shown positive numbers for a number of quarters. Fine and dandy. You show me the real or imagined or psychological evidence that there\u2019s growth going on. There just isn\u2019t. So they\u2019re gonna choke off whatever is happening now with these tax increases that are going to happen in January, and I just submit to you that there\u2019s nobody in their right mind who would suggest this is going to grow anything but the government, and government growth does not equal a growing, thriving United States economy or country. The government growing is the antithesis of that. As the government grows and the private sector shrinks then we\u2019ve got big problems, and that is the trend. <\/line><\/p>\n

So now we have this story, ‘Obama\u2019s Economic Team is Exhausted.\u2019 Why? They didn\u2019t even have to come up with the idea. Karl Marx did all the heavy lifting here. There\u2019s no innovation in this theory. It\u2019s all from the communist manifesto. It\u2019s all from the socialists. They haven\u2019t had to do anything but try to implement it. What\u2019s so damn hard? They haven\u2019t had to think of anything. They haven\u2019t had to theorize. Seriously, what\u2019s the hard work here? What\u2019s the Council of Economic Advisors doing? Are they sweating out the fact it\u2019s not getting any better? Are they celebrating it\u2019s not getting any better? Where is the hard work? What is it they\u2019ve done that\u2019s causing so much stress that they\u2019re now having to leave? I mean it\u2019s gotta be exhausting all the time. Recalibrating for the optics, like they have to do, conjuring up images, working the media, telling them how to spin disaster into prosperity. If that\u2019s what they\u2019re doing, then maybe we could say they\u2019re working hard. But they\u2019re not working hard on the economics. They\u2019re just following the blueprint of Karl Marx. <\/p>\n","protected":false},"excerpt":{"rendered":"

RUSH: This from TheHill.com: ‘President Obama\u2019s economic team is exhausted, according to White House spokesman Robert Gibbs, and that is one of the reasons Christina Romer announced her departure Thursday. Gibbs dismissed reports that Romer, the outgoing chairwoman of the president\u2019s council for economic affairs, was leaving because of conflicts with Larry Summers, the director […]<\/p>\n","protected":false},"author":25,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","ngg_post_thumbnail":0},"categories":[],"tags":[],"yoast_head":"\nObama Economic Team Finds That Marxism Can be Exhausting - The Rush Limbaugh Show<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/admin.rushlimbaugh.com\/daily\/2010\/08\/10\/obama_economic_team_finds_that_marxism_can_be_exhausting\/\" \/>\n<meta name=\"twitter:card\" content=\"summary\" \/>\n<meta name=\"twitter:title\" content=\"Obama Economic Team Finds That Marxism Can be Exhausting - The Rush Limbaugh Show\" \/>\n<meta name=\"twitter:description\" content=\"RUSH: This from TheHill.com: ‘President Obama\u2019s economic team is exhausted, according to White House spokesman Robert Gibbs, and that is one of the reasons Christina Romer announced her departure Thursday. 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