{"id":31223,"date":"2008-12-22T01:01:01","date_gmt":"2011-05-19T03:00:04","guid":{"rendered":""},"modified":"2011-05-19T03:00:04","modified_gmt":"2011-05-19T03:00:04","slug":"dems_lower_obama_expectations","status":"publish","type":"post","link":"https:\/\/www.rushlimbaugh.com\/daily\/2008\/12\/22\/dems_lower_obama_expectations\/","title":{"rendered":"Dems Lower Obama Expectations"},"content":{"rendered":"
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RUSH: You know, for all the talk, ladies and gentlemen, about the Bush administration and George Bush personally trying to manage his legacy with the automobile bailouts and other things, you can see here that the Democrats are already building Obama\u2019s legacy before he takes office. Wall Street Journal today: ‘Democrats Try to Lower Expectations — Even as they depict a massive stimulus package as indispensable to turning the economy around, U.S. Democratic leaders…\u2019 Oh, by the way, speaking of that. Speaking of that, Obama has added to the number of jobs that he is going to ‘create or save.\u2019 Remember it was two million. It was two million jobs he was going to ‘create or save\u2019? Now all of a sudden, the Obama people are out there saying that he is going to save three million jobs. This comes, ladies and gentlemen, after last Friday. It\u2019s audio sound bite number one here, Mike. This comes after last Friday after I said this.<\/p>\n

RUSH ARCHIVE: Now, remember, Obama promised to add or save two million jobs, remember? He first said he was going to add two million jobs, his policies would add two million jobs over the course of a couple years or so, and then he started adding the word ‘save\u2019 to the figure, add and save two million. Well, George W. Bush just saved two million jobs for him. The figure they\u2019re throwing around is that an auto bankruptcy would cost one to three million jobs. So you round that off, you get two million. Bush just saved \u2019em before Obama saves them again. So by the time we\u2019re finished here, we will have saved four million jobs because Obama will claim his two million.<\/p>\n

RUSH: Do I know these people? I know these people like every square inch of my glorious naked body. I know what they\u2019re going to do. So Bush saves all these jobs; Obama has to up the ante, otherwise Bush gets the credit for it. So two million jobs are already ‘saved.\u2019 Obama has now gotta save or create just a million in order to make himself appear (with Drive-By Media assistance, of course) of having outperformed even Bush. By the way, ladies and gentlemen, Mark Steyn had a brilliant syndicated column from Friday last week. It starts out… Since we\u2019re talking about bailouts of the auto industry, listen to some of the numbers that Mark Steyn reports in his column. <\/p>\n

‘General Motors now has a market valuation about a third of Bed, Bath And Beyond, and no one says your Swash 700 Elongated Biscuit Toilet Seat Bidet is too big to fail. GM has a market capitalization of just over $2.4 billion. For purposes of comparison, Toyota\u2019s market cap is $100 billion and change (the change being bigger than the whole of GM). General Motors, like the other [Big] Three, is a vast retirement home with a small loss-making auto subsidiary.\u2019 What a way to describe the Big Three automakers: ‘a vast retirement home.\u2019 He says, ‘The UAW is AARP in an Edsel: It has 3 times as many retirees and widows as ‘workers\u2019 …\u2019 Did you hear that, ladies and gentlemen? The United Autoworkers ‘has 3 times as many retirees and widows as ‘workers\u2019 … GM has 96,000 employees but provides health benefits to a million people,\u2019 and the UAW, of course…<\/p>\n

This is one of the things, you know, Barney Frank is trying to stick his finger in the dike for. He\u2019s trying to save the unions because the bailout is for the unions. The unions, of course, are going nowhere near anything like a concession. And there\u2019s nothing in the Bush plan that bailed them out that mandates that anybody do anything. They just kicked this can down the road to March so that Obama can do with it what he wants. GM has 96,000 employees, and provides health benefits to a million people. I know what some of you are saying, ‘Yeah, Rush, but GM made the deal.\u2019 They might have made the deal, but it can\u2019t be sustained. That\u2019s just it. If you don\u2019t think this is one of the primary problems they\u2019re having, then you need to take your head out of the sand. <\/p>\n

How do you make that math add up? If you\u2019ve got 96,000 employees and you\u2019re providing health benefits to a million people, you\u2019re not going to make up the difference by selling cars. Mark Steyn reported: ‘Honda and Nissan make a pre-tax operating profit per vehicle of around $1,600; Ford, Chrysler and GM make a loss of between $500 and $1,500,\u2019 per car. ‘That\u2019s to say, they lose money on every vehicle they sell. Like Henry Ford said, you can get it in any color as long as it\u2019s red.\u2019 This is startling, striking information. So now with Obama upping the ante, ladies and gentlemen, on his job saving and job creation now to three million, the headline in the Wall Street Journal is ‘Democrats Try to Lower Expectations.\u2019<\/line><\/p>\n

‘Even as they depict a massive stimulus package as indispensable to turning the economy around, U.S. Democratic leaders are aggressively lowering expectations that the package will yield dramatic accomplishments quickly. Rep. David Obey, who is playing a key role in assembling the stimulus plan, which is expected to approach $800 billion, said recently that an infusion of federal spending is ‘the only game in town.\u2019 But the Wisconsin Democrat, who is chairman of the House Appropriations Committee, was careful to add: ‘The downward momentum appears too strong to end the recession anytime soon.\u2019 … Democrats are facing an especially precarious version of that dilemma. In crafting a package that will sink hundreds of billions of taxpayer dollars into the economy, they are apprehensive about the fallout if the economy merely continues sputtering along for several years.<\/p>\n

And then they\u2019re going to have Joe Biden. Joe Biden is going to chair a middle class task force. This was one of his themes during the campaign. So we\u2019re going to have the federal government and a ‘task force\u2019 run by Joe Biden working on improving the middle class. I guess with, what, ‘targeted spending\u2019? There\u2019s only two ways that you bolster members of the middle class, ladies and gentlemen. You either take those who are lower middle class or out of the middle class on the bottom and you elevate them so that they join the middle class. This is what capitalism does. The other way to bolster the middle class is take those who are above it and tax the hell out of \u2019em and regulate the hell out of \u2019em and confiscate as much of what they earn as possible so that their wealth declines, and then they end up in the middle class. <\/p>\n

This notion that Joe Biden and Obama have a magic formula to help the middle class do something with targeted government spending, is absurd. It\u2019s been tried throughout history. It doesn\u2019t work. Capitalism is the only thing that\u2019s gonna work; unfettered, just-get-out-of-the-way capitalism, allowing the fruits of one\u2019s labors to be realized, reinvested, and so forth. Even Fareed Zakaria, wrote in the Washington Post yesterday: ‘For Obama to be remembered as a great president, he has to do nothing less than rescue capitalism.\u2019 Tell me something. How in the world…? Fareed Zakaria is supposedly, by reputation, one of the smartest guys ever. Newsweek, CNN, Washington Post columns. He\u2019s got a book or something out there about how it\u2019s all over, the end of American dominance, because the rest of the world is rising up all around us, something like that. <\/p>\n

How in the world do you look at what Obama\u2019s stated plans are and some of the wacko extremists in his cabinet… That\u2019s another thing. I\u2019m getting a little weary here of the Drive-Bys pronouncing that all of his cabinet members are ‘moderates.\u2019 This babe that\u2019s going to run the labor department, what\u2019s her name, Solis? What is her first name? Solis. The reason I ask is, you know, Patti Doyle Solis who used to work for Hillary. When I pronounce her name that way, I heard from all over the country, ‘No, no, no. It irritates Patti Doyle Solis.\u2019 So it\u2019s spelled the same way as this babe. It\u2019s a Hispanic name. So that\u2019s why in today\u2019s Morning Update I pronounced it both ways, \u2019cause I don\u2019t know. I haven\u2019t heard it pronounced. I do not watch the news with the sound up. <\/p>\n

It\u2019s bad enough watching the news with closed-captioning. I do not watch it with the sound on. I\u2019ve never heard her name pronounced. I\u2019m assuming it\u2019s Solis. But this woman has got ties to the Communist Workers Party. She\u2019s going to do whatever she can to unionize as much of the country. There\u2019s nothing moderate about any of these people that Obama has appointed on the domestic side, particularly when it comes to labor and a number of other things. How in the world, if you\u2019re one of the smartest guys in the history of journalism, in the history of academia, Fareed Zakaria, how can you look at what Obama is doing and say his number one charge is to rescue capitalism? It may be his number one charge to rescue capitalism, but I\u2019ll tell you something, folks. You don\u2019t do it with socialism. <\/p>\n

BREAK TRANSCRIPT<\/p>\n

RUSH: All right, folks, back to this business of the Democrats trying to lower expectations. No, no, no. That\u2019s not how it works. That\u2019s not how it works. You don\u2019t campaign on a Messiah platform where you\u2019re gonna lower the sea levels and you\u2019re gonna fix all these problems. You don\u2019t do that. You don\u2019t run around and make people think the world\u2019s going to love us. You don\u2019t run around and say all war is going to end and all these problems are going to be solved. You don\u2019t run around and do that. You don\u2019t campaign to get elected on that basis, ‘Ah, ah, ah, ah, ah, by the way, it\u2019s going to be worse than even we thought; it\u2019s going to be a big, big problem.\u2019 ‘Democrats have begun speaking of the long term, emphasizing their goal isn\u2019t merely to end the downturn but to change society and strengthen the economy for generations.\u2019 They want to lower expectations so that you will go along with every emergency fix they come up with. <\/p>\n

BREAK TRANSCRIPT<\/p>\n

RUSH: Hey, folks, how many of you have heard the phrase ad nauseam now that taxpayers will pay for the bailout? Well, how many of you have stopped to realize that less than half of the American people pay taxes? So only half the taxpayers are paying for the bailout. If there ever was an argument that everybody should pay taxes, this is it. Greetings, welcome back, Rush Limbaugh, great to have you. We come to you from the Limbaugh Institute for Advanced Conservative Studies. Telephone number is 800-282-2882. Looking forward to talking to you today. <\/p>\n

So the Democrats want to lower expectations. See, they\u2019re already trying to manage Obama\u2019s legacy before he even takes office. By the way, isn\u2019t this kind of like the guy running as Superman and telling us he\u2019s just Clark Kent? ‘I\u2019m just Clark Kent, don\u2019t expect no leaping of tall buildings or nothing, no miracles here, I\u2019m just old Clark Kent, you didn\u2019t elect Superman.\u2019 The dirty little secret here, ladies and gentlemen, is that when you lower expectations, what are you doing? You\u2019re telling people it\u2019s going to be bad for a long time. I know how they\u2019re going to do it and the New York Times got the ball rolling yesterday with one of the most irresponsible pieces of journalism — and that\u2019s saying something — than I\u2019ve seen in a long time, blaming Bush for Fannie Mae and Freddie Mac, blaming Bush for the housing crisis. They didn\u2019t touch on who started all this, Jimmy Carter. They didn\u2019t mention who elevated or expanded the program, Bill Clinton. They didn\u2019t talk about any of ACORN\u2019s involvement, shaking down banks. They didn\u2019t talk about the community agitators in Illinois, they didn\u2019t talk about Barney Frank or Chris Dodd, other than to mostly exonerate them, and of course this gives Barney the chance to go out there now and say, ‘See? See? It was Bush all along, it was Bush,\u2019 and the White House to its credit is firing back on this. <\/p>\n

They sent Dana Perino out there; they sent Ed Gillespie out there this morning. Gillespie said here\u2019s a company that\u2019s worth no more than junk bonds having to mortgage its own building to stay afloat, and I guess that\u2019s about what their work product is worth these days, junk, because this is classically untrue. So they\u2019re shifting all of this now to Bush, which we predicted. Everything that goes wrong is going to be laid at the feet of George W. Bush. When Obama is inaugurated, and when it\u2019s time to expand our troop presence in Afghanistan, and when it\u2019s time not to get out of Iraq, I can tell you what they\u2019re going to say. They\u2019re going to say, ‘Well, you know what, we didn\u2019t know all that we now know during the campaign. The Bush administration kept a lot of things from us. The circumstances are far more dire than we knew.\u2019 Same thing is going to be said about the housing crisis. Same thing is going to be said about the credit crunch. Same thing is going to be said about the economy in general. In fact, that\u2019s what this lowering of expectations is really all about. ‘Well, it\u2019s far worse than we knew, we just weren\u2019t privy to information they didn\u2019t share with us.\u2019 <\/p>\n

But the real secret here is that by proclaiming an ongoing crisis that is going to be a long time to being solved, you keep the people in a crisis mode, you keep \u2019em depressed, you keep them thirsty and hungry for a fix, which means that Obama and his team will be allowed to do whatever they want in the name of fixing this crisis. And they want to do a lot. They want to spend and spend and spend, and they don\u2019t want to do this to rescue the economy. What they\u2019re trying to rescue is the Democrat Party. What they\u2019re trying to fix is the Democrat Party, and I don\u2019t say this lightly, and I\u2019m not trying to be funny with this. FDR got this ball rolling with the New Deal. The New Deal didn\u2019t solve anything. It prolonged the Great Depression. Obama is set to follow in his footsteps. What did it do? It cemented Democrats in power for 50 uninterrupted years in the all-important House of Representatives. And it set them up for practically running the show. There were interruptions, but for 54 years they never lost the appropriations power in Washington. And that\u2019s what they want to get back to. The loss of the House in 1994, for all those years up through 2006, stung them more than anybody knows. They and their birthright are power. They are not meant to be out of power, and they were for 12 years. They were wandering aimlessly in the deserts. <\/p>\n

Now they\u2019ve got it back, and they are going to grow it. They\u2019re going to cement it, and they\u2019re not going to give it up. Like Rahm Emanuel said, ‘This is too big a crisis to waste. We got a great opportunity here to implement what we want to implement,\u2019 which is government control over as much of the free-market economy as possible so that whatever you want you have to go somewhere in government to get. Of course the risk they run is overreaching, overreaching too soon and too fast. The American people have very high economic expectations. That\u2019s why small recessions make everybody so mad. The American people\u2019s economic expectations are very high, and what Obama and his team plan on doing, especially here now by lowering expectations, is going to make people upset and angry because there\u2019s still a sizeable number of people in this country who understand that their prosperity does not go through Washington, and they don\u2019t want to have to go through Washington in order to become prosperous, and it\u2019s going to irritate them. So they probably will overreach. I don\u2019t know when or how long it\u2019s gonna take, and the problem is they might overreach after a point has been reached that there\u2019s not much can we do about it. <\/p>\n

The 2010 elections are going to be pretty important in this regard, so we hope that they overreach pretty fast, and it sounds like they\u2019re going to. Keep your eyes on out there, folks. Democrats are making the case that it\u2019s bad now but our fixes will be in place for years to come. And they mean that. It\u2019s bad now, but our fixes are going to be in place for years to come. That\u2019s exactly what they\u2019re hoping for, just as FDR\u2019s fixes were in place for a long time. This is about rescuing the Democrat Party and returning it to power indefinitely. ‘Officials are casting doubt on an early projection that four million to five –‘ what, it was six million that were going to show up for the inauguration. They\u2019re casting doubt on that now. ‘Casting doubt that four to five million people could jam downtown DC on Inauguration Day, saying it\u2019s more likely that the crowd will be about half that size.\u2019 Now, keep that in mind. What is half of five to six million? Two and a half to three million, right? Keep that number in mind. I just read you the opening paragraph, okay, and the headline: ‘Inauguration Day Crowd Estimated Reduced by Half.\u2019<\/p>\n

‘D.C. authorities said the earlier estimates, provided by Mayor Adrian M. Fenty (D), were based on speculation surrounding the historic nature of the swearing-in of Barack Obama as the nation\u2019s first African American president. After weeks of checking with charter bus companies, airlines and other sources, they\u2019re reassessing.\u2019 Oh, really? They\u2019re reassessing. They made bets based on speculation. These guys sound like the same people that deal in the oil markets. ”It\u2019s more of an art than a science,\u2019 City Administrator Dan Tangherlini said. ‘The fact is, earlier it was speculation. Now we\u2019re beginning to flesh it out and what the physical capacities of the system are.\u2019 The Secret Service has dismissed the high-end estimates of 4 million to 5 million people. But there is universal agreement among security officials and planners that massive numbers of people will flock to the swearing-in of Obama (D), who had drawn huge campaign crowds.\u2019<\/line> <\/line>Now, listen to this. This is where it gets interesting. Remember, now, the headline: ‘Inauguration Day Crowd Estimated Reduced by Half.\u2019 Officials casting doubt on early projection, four million, five million, six million people jam downtown. Go now to the next paragraph, ‘Turnout could easily reach two million.\u2019 Two million is just one-third of what they were speculating. The two million would ‘far outstrip the 400,000 who attended the 2005 inauguration of President Bush. Although it is possible that 5 million people will descend on the area in the days leading up to the inauguration, it appears unlikely that trains and local roads could get them all to the Mall and parade route Jan. 20, officials said.\u2019 Yes, we\u2019re back to four to 500,000 now, whatever the crowd is. If the crowd is 25, it will be reported at 401,000. The crowd\u2019s going to be bigger than Bush \u201905 no matter what happens. This is classic Drive-By Media, classic, report six million, the sea levels will fall, all of these wonderful magical things are — uh, uh, uh, maybe two million, tops. We don\u2019t have the facilities to get any more than that down there on the parade route on the Mall, but you let this image of a nation that cannot be kept away from Washington on Inauguration Day, and it\u2019s all part of the strategy to make this guy Superman when he\u2019s telling us he\u2019s only Clark Kent. <\/line><\/p>\n","protected":false},"excerpt":{"rendered":"

RUSH: You know, for all the talk, ladies and gentlemen, about the Bush administration and George Bush personally trying to manage his legacy with the automobile bailouts and other things, you can see here that the Democrats are already building Obama\u2019s legacy before he takes office. Wall Street Journal today: ‘Democrats Try to Lower Expectations […]<\/p>\n","protected":false},"author":25,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","ngg_post_thumbnail":0},"categories":[],"tags":[],"yoast_head":"\nDems Lower Obama Expectations - The Rush Limbaugh Show<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.rushlimbaugh.com\/daily\/2008\/12\/22\/dems_lower_obama_expectations\/\" \/>\n<meta name=\"twitter:card\" content=\"summary\" \/>\n<meta name=\"twitter:title\" content=\"Dems Lower Obama Expectations - The Rush Limbaugh Show\" \/>\n<meta name=\"twitter:description\" content=\"RUSH: You know, for all the talk, ladies and gentlemen, about the Bush administration and George Bush personally trying to manage his legacy with the automobile bailouts and other things, you can see here that the Democrats are already building Obama\u2019s legacy before he takes office. Wall Street Journal today: ‘Democrats Try to Lower Expectations […]\" \/>\n<meta name=\"twitter:image\" content=\"https:\/\/live-rush-limbaugh.pantheonsite.io\/wp-content\/uploads\/01125110.Par.89380.ImageFile.jpg\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"17 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebSite\",\"@id\":\"https:\/\/live-rush-limbaugh.pantheonsite.io\/#website\",\"url\":\"https:\/\/live-rush-limbaugh.pantheonsite.io\/\",\"name\":\"The Rush Limbaugh Show\",\"description\":\"Excellence In Broadcasting\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/live-rush-limbaugh.pantheonsite.io\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"ImageObject\",\"@id\":\"https:\/\/www.rushlimbaugh.com\/daily\/2008\/12\/22\/dems_lower_obama_expectations\/#primaryimage\",\"inLanguage\":\"en-US\",\"url\":\"https:\/\/live-rush-limbaugh.pantheonsite.io\/wp-content\/uploads\/01125110.Par.89380.ImageFile.jpg\",\"contentUrl\":\"https:\/\/live-rush-limbaugh.pantheonsite.io\/wp-content\/uploads\/01125110.Par.89380.ImageFile.jpg\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.rushlimbaugh.com\/daily\/2008\/12\/22\/dems_lower_obama_expectations\/#webpage\",\"url\":\"https:\/\/www.rushlimbaugh.com\/daily\/2008\/12\/22\/dems_lower_obama_expectations\/\",\"name\":\"Dems Lower Obama Expectations - The Rush Limbaugh Show\",\"isPartOf\":{\"@id\":\"https:\/\/live-rush-limbaugh.pantheonsite.io\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.rushlimbaugh.com\/daily\/2008\/12\/22\/dems_lower_obama_expectations\/#primaryimage\"},\"datePublished\":\"2011-05-19T03:00:04+00:00\",\"dateModified\":\"2011-05-19T03:00:04+00:00\",\"author\":{\"@id\":\"https:\/\/live-rush-limbaugh.pantheonsite.io\/#\/schema\/person\/911066e449df26406b107ca78cbbde0b\"},\"breadcrumb\":{\"@id\":\"https:\/\/www.rushlimbaugh.com\/daily\/2008\/12\/22\/dems_lower_obama_expectations\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.rushlimbaugh.com\/daily\/2008\/12\/22\/dems_lower_obama_expectations\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.rushlimbaugh.com\/daily\/2008\/12\/22\/dems_lower_obama_expectations\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/live-rush-limbaugh.pantheonsite.io\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Dems Lower Obama Expectations\"}]},{\"@type\":\"Person\",\"@id\":\"https:\/\/live-rush-limbaugh.pantheonsite.io\/#\/schema\/person\/911066e449df26406b107ca78cbbde0b\",\"name\":\"admin\",\"image\":{\"@type\":\"ImageObject\",\"@id\":\"https:\/\/live-rush-limbaugh.pantheonsite.io\/#personlogo\",\"inLanguage\":\"en-US\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/f18195e0073013fa0e16b040686c2924?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/f18195e0073013fa0e16b040686c2924?s=96&d=mm&r=g\",\"caption\":\"admin\"},\"url\":\"https:\/\/www.rushlimbaugh.com\/daily\/author\/admin\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Dems Lower Obama Expectations - The Rush Limbaugh Show","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.rushlimbaugh.com\/daily\/2008\/12\/22\/dems_lower_obama_expectations\/","twitter_card":"summary","twitter_title":"Dems Lower Obama Expectations - The Rush Limbaugh Show","twitter_description":"RUSH: You know, for all the talk, ladies and gentlemen, about the Bush administration and George Bush personally trying to manage his legacy with the automobile bailouts and other things, you can see here that the Democrats are already building Obama\u2019s legacy before he takes office. 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