RUSH: Last Friday, when I was out, this is what President Obama’s teleprompter told him to say.
OBAMA: If we are keeping focused on all the fundamentally sound aspects of our economy, then we’re going to get through this, and I’m very confident about that.
RUSH: Do you hear that? Friday when I wasn’t here, Obama’s teleprompter told him that the fundamentals of the economy are strong! They told him to say it, and he said it — and then on Sunday, Meet the Press, David Gregory talking to the White House Council of Economic Advisors’ Christina Romer, and he asked, ‘Are the fundamentals of this economy sound?’
ROMER: Well, of course the fundamentals are sound, in the sense that the American workers are sound, we have a good capital stock, we have good technology.
RUSH: Whoa! What is this? I go on vacation, all the time the economy rebounds and Obama’s teleprompter tells him so? He was just running down the economy a week ago. ‘It’s going to be bad! If we don’t do this now, we may never recover!’ Remember that? ‘We’ve gotta do all of this now. It’s going to be a long time.’ Gregory couldn’t let Romer’s comment go by. He said, ‘All right, but then what’s different between now and then, when the economy was in even better shape than it is now, when McCain was saying the fundamentals were strong and’ Obama’s teleprompter told him to say no?
ROMER: [W]hat we’re saying is … that the… ummm … you know, where we are today is, um, obviously not good. Um, we have a plan in place to get to a good place! I think that’s the — the crucial — ah, uh, uh — a fundamentally crucial difference, is to make sure that you have put in place all of the comprehensive programs that’ll get us back to those fundamentals.
RUSH: Wait a minute. The fundamentals…? See, the fundamentals were stronger back during the campaign than they are today, and McCain said that and he got beat up over the head. Back August 21st in Chester, Virginia, at John Tyler Community College, Obama had a town hall meeting on the economy, and this is what his teleprompter told him to say.
OBAMA: I guess if you think that bein’ rich means you gotta make $5 million, and if you don’t know how many houses you have, then it’s not surprising that you might think the economy was fundamentally strong!
RUSH: So back then, on August 21st, Obama’s teleprompter told him to make fun of McCain ’cause McCain was saying the fundamentals of the economy are strong. Then, throughout the campaign and through his immaculate inauguration, the immaculation, he kept running down the economy. ‘It’s hopeless! If we don’t do this now we may never recovery,’ all that rot, and then last Friday, when El Rushbo was on the charity circuit, Obama’s teleprompter told him that the fundamentals of the economy are sound. By the way, my offer to debate Barack Obama’s teleprompter is still open. I know that the White House has sort of thrown cold water or ice on this, but I just want everybody to know that my offer for the president to bring his teleprompter here to the EIB Network so I can debate the teleprompter is ongoing. By the way, Christina Romer back on Meet the Press, David Gregory says, ‘Final point here. What is the responsible thing for consumers to do at the height of this global crisis?’
ROMER: I think we know that consumers have lost a lot of wealth and that normally what you’d say is they should be saving more. I think the truth is consumers have also not done a lot of spending for the last 14 months. So what I would predict and I think would be a perfectly reasonable thing is you go out and you buy that car that you’ve been thinking about for 14 months and you do some of the spending.
RUSH: Oh! Oh! Oh! I’m feeling like a heart attack, and I’m not in traffic. Oh! They’ve been telling us all of our lives we’re not saving enough. Now they’re saving. There’s even a big news story in Newsweek: We’re saving too much! Your saving is causing the economy to collapse. And now Obama says, the fundamentals of the economy are so strong (his teleprompter said so) and then Christina Romer says, ‘Go buy the car!’ But there’s no credit. What are we supposed to buy the car with when we’re bailing out our neighbor’s mortgage, Christina?