If there was any thought that right wingnuts would actually give President-Elect Obama any real
“opportunity” to even try to govern before they started the blame game, well that has already been put to bed as hacks Rush Limbaugh and Sean Hannity have already started trying to pin the current recession on the man that doesn’t take office for another two plus months, calling it “Obama’s Recession.”

“The Obama recession is in full swing, ladies and gentlemen,” Limbaugh told his radio audience of 15 million to 20 million on Thursday. “Stocks are dying, which is a precursor of things to come. This is an Obama recession. Might turn into a depression.”

These of course are the same type of people backed by “expert” Dave Ramsey that claimed there was no recession and that it was being “made up” by the media. Earlier this year Ramsey said,

“I’m 47-years-old,” Ramsey replied, “and every year in my memory, there’s been some sort of talk like this … but I’ve never seen it happen.

OK — but how can we be so certain that the world’s not going to fall apart this time around?

“The U.S has the most robust economy in the history of man, and it’s the most sophisticated it’s ever been; there are lots of checks and balances and safety nets,” Ramsey explained.

Of course, there is always an excuse at the ready. As these naysayers, continued to push forward for the past year, the “classic definition” of recession (2 consecutive quarters of declining GDP), the situation continued to deteriorate, but now they want to blame the not yet President for it.

It was last November when Fed Chairman rebuffed Sen Chuck Schumer (D-NY), stating that his forecast was for moderate but continued growth when Schumer asked if we were headed towards a recession. As Bob Herbert pointed out in a NY Times Op-Ed last November:

With all due respect to the chairman, he would see the recession that so many others are feeling if he would only open his eyes. While Mr. Bernanke and others are waiting for the official diagnosis (a decline in the gross domestic product for two successive quarters), the disease is spreading and has been spreading for some time.

This wasn’t Monday morning quarterbacking, this was a year ago, when something could have (and should have) been done. But instead, the partisan wingnuts instead choose to rewrite history. And I guess when you had Fox News touting how “right” people like Ben Stein were, who were screaming “The subprime mortgage problem is grossly overstated; the sector is just too small,” I guess you really need to rewrite it if you are going to even feign going forward that you have any idea what you are talking about.

Filed under: Failures, Faux News, Wingnuts