Obama hitting the road to sell his economic plan

He’s now taking his pitch directly to the public—and trying to sell the sweeping package to lawmakers’ constituents.

I won’t bother going through usual lecture on prices, opportunity and the inevitable failure of these grandiose government plans. What is more important is that Obama will derive his political power from the unwashed constituency; just as FDR did. Like FDR, Obama takes office during an economic depression. Both ride a wave of popular support. Who knows we might even get fireside chats out of this debacle, won’t that be a treat for the children!

FDR was continually elected, despite being in the midst and the cause of America’s Great Depression. How will Obama fair? My guess is that he is already attempting to build up the plebeian support for this very reason. Expect one economic catastrophe after another.