The President Owns This Bad Economy

August 9, 2011 15:31

Real leadership means recognizing that the buck stops with you. This president owns this economy and everyone knows it. But he won’t own up to the obvious.

IBD Editorial


Leadership: Reacting to the U.S. credit downgrade, President Obama gave a damaging statement proving he has learned nothing from his ideological mistakes. A true leader accepts blame — and reality.

The president uttered the same disingenuous banalities we’ve heard for months. He insists “it’s not a lack of plans or policies that’s the problem here.

He’s the one who refuses to put his country above the self-interest of himself and his party, so devoted to the cause of ever-expanding big government.

Finally, contrary to the president’s claims, it most certainly is policy that is to blame for the U.S. downgrade. Just look at the deficit figures for the Obama years.


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