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August 20, 2012

"Do you think I'm not aware of what you're saying / Or why you're saying it? / Is it hard to keep me where you want me staying? / Don't go on betraying it / Don't make promises you can't keep"

In his inaugural address, Obama promised “not only to create new jobs, but to lay a new foundation for growth.”
He promised to “build the roads and bridges, the electric grids, and digital lines that feed our commerce and bind us together.” He promised to “restore science to its rightful place and wield technology’s wonders to raise health care’s quality and lower its cost.” And he promised to “transform our schools and colleges and universities to meet the demands of a new age.” Unfortunately the president’s scorecard on every single one of those bold pledges is pitiful. -- Niall Ferguson

Posted by gerardvanderleun at August 20, 2012 1:21 PM. This is an entry on the sideblog of American Digest: Check it out.

Your Say

A brilliant takedown of the Obama legacy by Ferguson. Ferguson is so well respected by the East coast elites, it is hard to believe this won't have the effect of either marginalizing him from his normal circle or changing some liberal minds. I hope it's the latter.

Posted by: Jimmy J. at August 20, 2012 2:56 PM

All this caused Krugman to leap out of his vacation lawn chair to comment. For all the good THAT will do.

Posted by: Peccable at August 20, 2012 3:36 PM

It seems the songs he's singing / Are all about tomorrow...

Posted by: Francis W. Porretto at August 20, 2012 5:16 PM

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