Obama: Reporters think my ideas “sound great”

Obama's media lapdogs

During his big economic speech last week in Illinois, in which he rehashed old themes and failed ideas, President Barack Obama told the crowd that reporters think his economic ideas “sound great.” He even said that some Republicans are supportive, but are afraid of backlash or primary challengers.

“It’s interesting, in the run-up to this speech, a lot of reporters [said] that, ‘Well, Mr. President, these are all good ideas, but some of you’ve said before; some of them sound great, but you can’t get those through Congress. Republicans won’t agree with you,’” recalled Obama. “And I say, look, the fact is there are Republicans in Congress right now who privately agree with me on a lot of the ideas I’ll be proposing. I know because they’ve said so. But they worry they’ll face swift political retaliation for cooperating with me.”

We’re shocked — absolutely SHOCKED — to learn that the media falls over themselves at just about anything President Obama says, despite the news that his administration has threatened journalists simply doing their jobs. And while there may be some Republicans in Congress that agree with President Obama, likely the members who keep going to dinner with him, those of who disagree with him are slammed as supporters of “inequality,” a word that the White House is trying to bring back into the political lexicon after a rough last few months.

“Now, there are others who will dismiss every idea I put forward either because they’re playing to their most strident supporters, or in some cases because, sincerely, they have a fundamentally different vision for America,” he said, “one that says inequality is both inevitable and just; one that says an unfettered free market without any restraints inevitably produces the best outcomes, regardless of the pain and uncertainty imposed on ordinary families; and government is the problem and we should just shrink it as small as we can.”

Let’s not kid ourselves into believing the pre-Obama economy was anything even close to resembling an “unfettered free market.” President George W. Bush was, as Veronique de Rugy wrote at Reason back in January 2009, the “biggest regulator since Nixon.” President Obama has dramatically added to the cost of federal regulations. The regulations added during his first term alone — including Dodd-Frank, ObamaCare, and environmental rules — cost the economy some $70 billion. Those regulations have a real cost in terms of jobs and opportunities for businesses to expand and invest.

The difference between President Obama’s vision for our economy and fiscal conservatives in Congress is that the former wants a high-tax, heavily regulated economy, and a European-style welfare state while the latter simply wants to create an atmosphere in which Americans can prosper. We’ve tried President Obama’s approach and we’ve been stuck with slow economic growth and still-high unemployment. Maybe, just maybe, we should try another route for once.

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