The Blog @ Spolitics

Someone Knew What to Do. It Just Wasn’t The Democrats.

The Bush Administration proposed a plan to get the economy back on track and the markets have responded with huge gains — the Dow jumped almost 800 points in two days. This just one day after Harry Reid and Nancy Pelosi said that they and their Democrat colleagues in Congress wanted to go home because no one knew what to do about the problem. I guess that’s why they’re called the “Do Nothing” Congress.

It also lends credibility to the claim that they want to economy to struggle because they believe it will help them win the election. So much for leadership and the good of the nation.

Meanwhile, don’t expect Barack Obama to comment on the plan any time soon. He’s still trying to decide his position on the AIG bailout. But don’t worry. Once it all plays out and he knows what the right decision was, he’ll be sure to tell us that’s what he believed all along. He’s good like that.

Update: The Wall Street Journal has a riveting article about the turmoil of the past week and how administration officials were scrambling to address it.