Miracles Take Time 
By BOB HERBERT
Published: March 6, 2009 
Barack Obama has only been president for six weeks, but there is a surprising 
amount of ire, anger, even outrage that he hasn't yet solved the problems of 
the U.S. economy, that he hasn't saved us from the increasingly tragic 
devastation wrought by the clownish ideas of right-wing conservatives and the 
many long years of radical Republican misrule.

 
Bob Herbert 

This intense, impatient, often self-righteous, frequently wrongheaded and at 
times willfully destructive criticism has come in waves, and not just from the 
right. Mr. Obama is as legitimate a target for criticism as any president. But 
there is a weird hysterical quality to some of the recent attacks that suggests 
an underlying fear or barely suppressed rage. It's a quality that seems not 
just unhelpful but unhealthy.
Mr. Obama is being hammered - depending on the point of view of the critics - 
for the continuing collapse of the stock market, for not moving fast enough to 
revive the suicidal financial industry, for trying to stem the flood tide of 
home foreclosures, for trying to bring health insurance coverage to some of the 
millions of Americans who don't have any, for running up huge budget deficits 
as he tries to fend off the worst economic emergency since World War II and for 
not taking time out from all of the above to deal with - get this - earmarks.

Earmarks.

More than 4.4 million jobs have been lost since this monster recession 
officially got under way in December 2007, and we've got people wigging out 
over earmarks. Folks, get a grip. Some earmarks are good, some are not, but 
collectively they account for a tiny, tiny portion of the national budget - 
less than 1 percent. 

Freaking out over earmarks is like watching a neighborhood that is being 
consumed by flames and complaining that there is crabgrass on some of the lawns.

In the midst of the craziness, conservatives are busy trying to blame this epic 
economic catastrophe - a conflagration of their own making - on the new 
president. Forget Ronald Reagan and George Herbert Walker Bush and George 
Herbert Hoover Bush and the Heritage Foundation and the Club for Growth and 
Phil Gramm and Newt Gingrich and all the rest. The right-wingers would have you 
believe this is Obama's downturn.

The bear market would no doubt have magically turned around by now, and those 
failing geniuses at the helm of our flat-lined megacorporations would no doubt 
be busy manufacturing new profits and putting people back to work - if only Mr. 
Obama had solved the banking crisis, had lowered taxes on the rich, had refused 
to consider running up those giant deficits (a difficult thing to do at the 
same time that you are saving banks and lowering taxes), and had abandoned any 
inclination that he might have had to reform health care and make it a little 
easier for ordinary American kids to get a better education.

As the columnist Charles Krauthammer was kind enough to inform us: "The 
markets' recent precipitous decline is a reaction not just to the absence of 
any plausible bank rescue plan, but also to the suspicion that Obama sees the 
continuing financial crisis as usefully creating the psychological conditions - 
the sense of crisis bordering on fear-itself panic - for enacting his 
'big-bang' agenda to federalize and/or socialize health care, education and 
energy, the commanding heights of post-industrial society."

That's a more genteel version of the sentiment expressed a couple of weeks ago 
by the perpetually hysterical Alan Keyes, a Republican who was beaten by Mr. 
Obama in the Illinois Senate race in 2004. "Obama is a radical communist," said 
Mr. Keyes, "and I think it is becoming clear. That is what I told people in 
Illinois, and now everybody realizes it's true."

I don't know whether President Obama's ultimate rescue plan for the financial 
industry will work. He is a thoughtful man running a thoughtful administration 
and the plan, a staggeringly complex and difficult work in progress, hasn't 
been revealed yet.

What I know is that the renegade clowns who ruined this economy, the Republican 
right in alliance with big business and a fair number of feckless Democrats - 
all working in opposition to the interests of working families - have no 
credible basis for waging war against serious efforts to get us out of their 
mess.

Maybe the markets are down because demand has dried up, because many of the 
nation's biggest firms have imploded and because Americans are losing their 
jobs and their homes by the millions. Maybe a dose of reality is in order, as 
opposed to the childish desire for yet another stock market bubble.

Maybe the nuns in grammar school were right when they counseled that patience 
is a virtue. The man has been president for six weeks. 

http://www.nytimes.com/2009/03/07/opinion/07herbert.html?th&emc=th

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