Economy Could Improve, Can’t Have That!
In case you wondered for a second that the right could try to value country over party for a minute or two, we were reminded where their priorities lie after Fed Reserve Chairman Ben Bernanke announced the third quantitative easing program.
While some of them expressed concerns that it might not work, the biggest fear in the wake of a 200 point bounce in the Dow, was that enacting the policy so close to November could improve the economy which by the way means Obama could benefit politically.
As others far more versed in this have explained, QE3 is something of a gamble, and Bernanke himself said it couldn’t do a whole lot on its own to rev up the economy. That said, they’re trying something.
The idea here is you should hope for the best for these things, never mind who is in the White House. The global economy may have reached near-collapse on Bush’s watch and as a result of conservative-leaning economics, but I’d much rather have global and American prosperity rather than something I can say “a-ha!” to Republicans and conservatives over.
My loyalty to country always comes before the fact that I am a liberal or a Democrat, but as they showed us when they cheered America losing an opportunity to host the Olympic games, the prime directive for the right is Obama be damned, no matter what.