Only with a slavishly devoted media could someone get away with such nonsense. A manufactured crisis? All the media and Democrats do, day after day, is manufacture a crisis to keep the people in fear. Now after socking us with the largest tax increase in history, he’s back at it, warning of a catastrophe. So while warning about a “catastrophe,” he wags the finger about manufacturing a crisis. All this while on his $20 million vacation.
The gall of this man.
In his first weekly address of the New Year, President Obama touts the “fiscal cliff” compromise as “one more step in the broader effort to grow our economy and shrink our deficits” but warns that another “manufactured crisis” over the debt ceiling could wreak havoc on the economy.
Continuing his effort to frame the looming fight over the nation’s debt limit, Obama makes clear “one thing I will not compromise over is whether or not Congress should pay the tab for a bill they’ve already racked up.”
The bill they’ve racked up? So he’s got nothing to do with it? Unreal.
“If Congress refuses to give the United States the ability to pay its bills on time, the consequences for the entire global economy could be catastrophic,” he continues. “The last time Congress threatened this course of action, our entire economy suffered for it.”
Speaking from Hawaii, where the president is vacationing with his family, Obama cautions that another “messy brinkmanship” in Congress would make business owners and consumers less confident.
His failed policies and crushing debt have nothing whatsoever to do with sagging consumer confidence, of course. And the media dutifully plays along.