Obama Lost Credibility Before We Lost Our Credit


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The president sent party lackeys—his chief advisor David Axelrod and his Democratic-presidential-nominee predecessor John Kerry—on Sunday’s talk shows armed with the message that S&P stripping the U.S. of its “AAA” rating was really a “Tea-Party downgrade.” But the Tea Party didn’t support the bailouts, the health-care bill, or the stimulus package that busted the budget. The president did. From dismissing the recommendations of his own deficit-reduction commission to refusing to submit a plan during the debt-ceiling negotiations, the president has been absent without leave when it comes to keeping budgets on budget. One would be tempted to include his party’s failure to pass a budget last year when they controlled both houses of Congress and the presidency as another instance of dereliction of duty resulting in off-kilter ledgers. But given the trillion-dollar-plus deficits they had posted prior to this fiscal year, no budget may have been preferable to another round of nuthouse bookkeeping in which spending wildly outpaces revenue.

The president’s use of surrogates to attack Standard and Poor’s, Republicans, and the Tea Party is another means of dodging ownership. The credit downgrade happened on Obama’s watch after he presided over deficits in excess of a trillion dollars in each year of his presidency. Monday’s call from the president for targeted tax cuts and new unemployment-insurance spending demonstrates the degree to which his debt-ceiling-negotiation rhetoric was posturing.

The child-in-chief demands more power but accepts no responsibility. There is a natural corrective that tends to restore accountability. People who don’t take responsibility get responsibility taken away.

Daniel J. Flynn is the author of Blue Collar Intellectuals: When the Enlightened and the Everyman Elevated America, forthcoming this fall from ISI Books. He writes a Monday column for Human Events and blogs at www.flynnfiles.com.

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  • Angel

    PART ONE

    Thank you! I am sick and tired of:

    "Oh, both parties are at fault. The downgrade is the fault of Boehner and tea party republicans for not compromising. "

    That bull is wearing thin. I believe that Cut, Cap and balance was a good proposal. Where was the democrat’s response? It never happened!! They sat there like QC inspectors rejecting every attempt by Boehner to appease and compromise. There an old rule in sales — Make your pitch and then sit and shut up. The first one to speak loses — Boehner should have stuck to his guns and forced Obama to come up with a counter proposal. In fact he should have demanded it. But instead he caved and the democrats made him the villain. But I alos blame other so-called conservatives that added pressure to Boehner to cave. The sort of people you would not have expected to aid and abet the Blamer-in-chief:

  • Angel

    PART TWO (see part one)

    Ann Coulter
    Laura Ingraham
    Charles Krauthammer
    Bill Kristol — him I would expect
    And others.

    While I feel Boehner come out as weak and probably well deserved, let's not be hypocritical and let him carry the blame alone. The names above and many other so-called conservatives are to blame for what lead to the downgrade. As conservatives we supposed to help each other not eat our own. I am very disappointed in many of these conservatives and while I am not going to throw the baby out with the bath water. I have a changed my perspective on the conservative landscape. I like to see more real conservatives entering the republican establishment, and replacing RINO's , appeasers and plain cowards. Actions speak louder than words. So let’s see some!

    • TexExpatriate

      You blame talk-show people who had nothing to do with the vote, but the one man who engineered the compromise and signed it was Boehner. He's a must-go and so are every Republican office holder who voted for that bill.

  • StephenD

    "People who don’t take responsibility get responsibility taken away."

    "To whom much is given, much is required."

    The only problem with this is he is doing EXACTLY what a Socialist, anti-American, Islamist leaning Operative would do. He seems to have an agenda and is sticking to it religiously. If you were in one of the groups mentioned above you’d be praising his name I’d think.

    • Jim_C

      And yet, very few people are praising Obama.

      So what does that tell you?

      • StephenD

        Tells me that right now much is being required of him. What does it tell you?

  • mrbean

    It should be firmly implanted in your mind as an American, that your masters in government and those controlling government brazenly and arrogantly believe that they know better what is good for you, than you do. That is why when they speak to you their answers are dripping with condescension – as if to say, how dare you question what we tell you. The Fed Chairman, liberal politicians others and his predecessors have created a false economy based upon perpetual debt and upon money and credit being created out of thin air. Today that is accompanied with zero interest rates, a combination that in time can only bring a falling dollar, inflation and a collapsing economy. It is no accident that Gold has gone from $300 and ounce to over $1700 an ounce today in 2011. Get ready for another depression – it is coming sooner rather tha later.

  • Misfit

    The emperor has no clothes and never had any clothes and will never have any clothes but still the American People dont see it and will never see it and I guarantee and I am sorry to think this way but "he" will get re-elected again despite the fact that all of us will be naked by then as well

  • TexExpatriate

    I disagree with the title of this essay. Obama has lost no credibility at all with the useful idiots that supported him. A few really hard-left Marxists and Leninists maybe, although it's hard to understand how you can be more Marxist or Leninist than Obama, have abandoned him, but none of his real supporters except Peggy Noonan-types and (who is that fellow?) and a phony conservative who liked the way his pants were creased.

  • voted against carter

                        ***NEWS FLASH** NEWS FLASH**

    MONKEYs FLY OUT OF PRESIDENTS REAR END!!! video at 11:00,…

    THE eCONomy REALLY, REALLY IS IMPROVING!! No REALLY,.. IT IS,..

    PIGS REALLY DO FLY!!!!

    WHITE HOUSE TRIES TO CLARIFY 1967 BORDER REMARKS: 

                                  "ONLY A ‘STARTING POINT"

    PROVEN FACT,… JOE BIDEN REALLY IS the SMARTEST MAN ALIVE!!!

    AL GORE REALLY REALLY DID INVENT THE INTERNET!!!

    UNICORNS and FAIRY dust ARE REAL!!!!

    NEW INFINITELY re-usable ENERGY SORCE FOUND,…
    PIXIE DUST ON THE MOON!!!!

    More from NPR, CNN, ABC, NBC, MSNBC, AP, TIME, NY POST, …

  • voted against carter

    ***NEWS FLASH******NEWS FLASH******NEWS FLASH***

    THIS JUST IN…..

    Jimmy Carter loses "WORST U.S. PRESIDENT EVER" tittle to Barack Obama!!!

    Barack Obama takes "WORST U.S. PRESIDENT EVER" title from Jimmy Carter.
    Carter was notified late yesterday of the loss. Carter expressed bitter disappointment at the loss. Carter stated that when he was president, he worked hand in hand with the Mid-East Anti American Coalition to obtain the tittle and was assured by Mid-East Anti American Coalition that the "WORST U.S. PRESIDENT EVER" title would be his for at least the next 100 years.

    Obama was proud of his accomplishment and stated that THIS title he has ACTUALLY EARNED!!!!!!

    Not like his Nobel prize that he received for JUST SHOWING UP!!!

    ***NEWS FLASH***Obama THE WORST U.S. PRESIDENT EVER!!!

  • tekow

    no one can steal that claim from your beloved dubya

    • N-R

      That's right, Obama "earned" the title, although Gore almost stole it.

  • http://besthoustoncriminallawyer.wordpress.com/ Loren Doser

    It has been obvious for a very long time that Obama has a core set of beliefs that he religiously (no pun intended) sticks to. The issue here is, he doesn’t seem to recognize that his ideas have destroyed everything they have touched repeatedly throughout history. It’s ok… if we survive until next year, the difficult road to Reconstruction -I use that word on purpose- can begin.