As our economy spins out of control, the persistent argument I hear from Obama lovers is “Obama saved us from going into Depression! Can you imagine how bad it would be if he HADN’T done the things he did?” As a rational person, I’m really trying to make sense of this statement. Not being an Obama fan, I truly wonder if these people actually believe what they are saying.
Obama takes office at 7% unemployment. It’s now close to 10%. The housing market has tanked since the passage of the stimulus bills. Commodity prices have soared. And Tim Geitner tells David Gregory that if Obama hadn’t stepped in, unemployment would easily be 15%, as if he has some sort of magic powers to know these kinds of things.
In my mind I started thinking about the logic. Suppose I had a skin rash. A doctor prescribes a cream. When I start using it, the rash worsens. As a rational person, what would I assume? That the cream is working, and that if I hadn’t used it I might be far worse? No, we would immediately get rid of that cream and find something else. So the question is, why doesn’t the same logic apply to Obama and the economy?
Thus is the thinking behind this cartoon.