I was hoping for FDR. Or Reagan. Or JFK. By the end of the speech I would have settled for Carter.
Apparently the market agreed: The Dow dropped nearly another 100 points during President Obama’s speech yesterday. The first thing that didn’t instill confidence was that he was late. Very late. Maybe its just me, but when you say a speech is going to be at X, you arrive at X. It’s a trend — the night Osama Bin Laden was killed, he also was late. Not very Presidential.
OK, so maybe that’s picky. But it bugs me.
He talked about the need for tax hikes for the wealthy and alluded to the Tea Party not being cooperative. I assume he meant the Tea Party since one of his aides blamed them for the downgrade on Sunday. That’s all and good — judging by the polls, (Congress’s popularity is lower than a rash at 26%) the American public has a pretty good idea what is and isn’t going on in Washington.
Apparently a man who motivated not only Democrats but Independents during the campaign has lost his ability to give a speech. His mojo. There was change but not a lot of hope. And hope is what America needs right now. Not excuses. Not blame. Even if it is deserved. We need a plan. A plan full of tough choices. A plan that is equal to the challenges that lie ahead.
You’ve seen movie. Ship hits iceberg, ship sinks, people turn into ice cubes. We need the captain and the crew to get to work right now. The U.S. economy is in serious trouble. The passengers are doing their part. It’s time for the Captain and the crew to quit blaming and start working.
I guess you can say I hope for change.
AMEN.
Change in my pockets is a lot better than overdrawn!