The systemic curse of government failure |

President Barack Obama has been marked by the curse of government failure. But you wouldn’t know it by listening to the political and chattering classes in Washington, D.C. and other world capitals.

In a classic response, the great dissemblers have done what they do best: when trouble strikes, they dissemble. Indeed, following the Panic of 2008, they have been busy burying their mistakes by pointing fingers, covering up and re-writing history. Alas, their assertions are rarely subjected to what they regard as the indignity of factual verification. Never mind.

When it comes to pointing fingers at the alleged culprits of our current economic troubles, the Obama administration has reached back to the rhetoric of class warfare. Who is better to blame than the usual suspects: bankers, businessmen, speculators and, of course, the “rich”?

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via The systemic curse of government failure |

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