Obamology

Pajamas Media
Victor Davis Hanson

I was watching on television last week both Barack Obama and his wife Michelle speak about the supposedly depression-like conditions in the US, and a people strapped by students loans, near hungry, and without hope of betterment. Neither said anything of substance, though both were engaging, effective speakers. Still, never has so much talent been invested in saying so little.

If you were to believe them, we are in a sort of “It’s A Wonderful Life,” Frank Capra-era housing depression, not a boom-and-bust cycle where for the last five years, rival television shows proliferate on “flipping” houses (in which strapped investors and rookies borrow against rising equity to put in granite counters and stainless steel appliances for quick flip sales).

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