12/02/2009 (2:29 pm)
There are some serious factual errors in Obama’s speech, but this one, I think, constitutes the largest bending of the facts:
I am mindful of the words of President Eisenhower, who – in discussing our national security – said, “Each proposal must be weighed in the light of a broader consideration: the need to maintain balance in and among national programs.”
Over the past several years, we have lost that balance, and failed to appreciate the connection between our national security and our economy. In the wake of an economic crisis, too many of our friends and neighbors are out of work and struggle to pay the bills, and too many Americans are worried about the future facing our children.
The claim here is that the Iraq and Afghanistan wars are the reasons for the sour economy. This is the expected “It’s the Bush Administration’s fault” part of the speech, carefully disguised as expected. The wars in Afghanistan and Iraq have been expensive, yes, but they have very little to do with the sour economy. The economic troubles are the result of the confluence of a dozen different elements, including the loosening of loan standards (something to which Mr. Obama contributed personally,) errant Fed policy, Democrats committing fraud at FNMA, short-sighted bond-rating agencies, and much more. The alleged “fix” for the economy has been much, much more damaging than these wars, and in fact attempted to spend in just two or three years considerably more than the wars cost in their entirety.
In fact, Democrats usually attempt to claim that WWII is what ended the Great Depression. For President Obama to claim in this instance that war spending is what caused the recession flies in the face of consistent Democratic posturing, and demonstrates yet again that Democrats don’t have principles, they just pick up whatever is nearby and handy to smack whatever target they’re aiming at today. If you ask him, I feel certain President Obama would also say that WWII ended the Great Depression, and would feel no sense of irony or embarrassment if the conflict were pointed out to him.
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