RealClearPolitics - Articles - Obama's Magic
Read it all, it covers a few of the fallacies very well. I especially liked this paragraph:
Where McCain has really let us down is by thinking that the populist rhetoric of "blame Wall Street / CEOs / Business" is acceptable. The reason FDR could never fix the depression is because you can't sit around and blame the folks that have to get you out of the hole you are in for all the known ills. It really matters not at all "who is responsible", what matters is "where do we go from here". Railing against "Wall Street" is just going to have all the productive parts of the society sit on the sidelines until the windbags get through yelling.
"The little guy" can't work until there is some place for him to work. You can scream all day long about how much you hate "Wall Street", but what we need is a TEAM EFFORT. We just succeeded in "benching Wall Street". Congratulations!
Read it all, it covers a few of the fallacies very well. I especially liked this paragraph:
Next up, Mr. Obama will re-regulate the economy, with no ill effects
whatsoever! You may have heard that for the past 40 years most
politicians believed deregulation was good for the U.S. economy. You
might have even heard that much of today's financial mess tracks to
loose money policy, or Fannie and Freddie excesses. Our magician will
show the fault was instead with our failure to clamp down on innovation
and risk-taking, and will fix this with new, all-encompassing rules.
Presto!
Where McCain has really let us down is by thinking that the populist rhetoric of "blame Wall Street / CEOs / Business" is acceptable. The reason FDR could never fix the depression is because you can't sit around and blame the folks that have to get you out of the hole you are in for all the known ills. It really matters not at all "who is responsible", what matters is "where do we go from here". Railing against "Wall Street" is just going to have all the productive parts of the society sit on the sidelines until the windbags get through yelling.
"The little guy" can't work until there is some place for him to work. You can scream all day long about how much you hate "Wall Street", but what we need is a TEAM EFFORT. We just succeeded in "benching Wall Street". Congratulations!
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