One thing about life is there are some absolutes which turn up over and over. First off, inexperienced new administrations make tons of mistakes based on their naive arrogance. Second, the liberal fantasy that government can control or help the economy is a well proven sham. Combine these two and you get a recipe for disaster. Combine them in an economic downturn and disaster becomes reality.

I don’t have time to repeat my post of yesterday, but it contains the ingredients just mentioned and speculates on the public reaction to endless months of continued job losses as the government spends most of a year following its sloth-like processes for spending ‘stimulus’ money.

Seems I was one day ahead of the news about new polls showing America is losing faith in the failed Obama-Pelosi-Reid liberal economic experiment:

A distinct gulf exists between Mr. Obama’s overall standing and how some of his key initiatives are viewed, with fewer than half of Americans saying they approve of how he has handled health care and the effort to save General Motors and Chrysler. A majority of people said his policies have had either no effect yet on improving the economy or had made it worse, underscoring how his political strength still rests on faith in his leadership rather than concrete results.

Emphasis mine. Faith without results usually results in a serious backlash and destroyed credibility. And there is nothing that the spinmeisters can do to change the bleak path we are on, and will be on probably through Thanksgiving – if not all the way to Christmas. The federal government is just not capable of moving stimulus money into new jobs in less than a year. No one in the government will risk legal exposure to circumvent the laws layered down over decades by Congress. 

Soon, there won’t be any faith – just anger at time and money wasted proving once again liberal fantasies about economic drivers are wrong.