Sunday, November 20, 2011

As it turns out, we can wait

Charles Krauthammer is not impressed with the Obama Administration's economic record:
His near-$1 trillion stimulus begat a stagnant economy with 9 percent unemployment. His attempt at Wall Street reform left in place a still-too-big-to-fail financial system, as vulnerable today as when he came into office. His green-energy fantasies yielded Solyndra cronyism and a cap-and-trade regime not even a Democratic Congress would pass.
Krauthammer finds the delay of the Keystone XL pipeline as just another example of the President putting the election calendar trumping the national interest.  Despite the President's cries of "We can't wait", we are told that we must wait until after the election for him to decide on a policy that would be an economic bonanza with only ginned up environmental problems.