Obama Isn't Going to Sell Us Baloney -- That's Too Bad

The president is trying to be a salesman, booster, and all-round positive guy. He’s jaw-boning, trying to convince the American people it's a good time to buy. "Buying stocks," said the president, "is a potentially good deal," adding with perhaps just a bit of irony, "if you've got a long-term perspective on it."

So what's wrong with this picture?

For one thing, the new president doesn't look like a guy who's done much stock picking in his time. For another, he's spent the better part of the last 2 years telling everybody how bankrupt--morally and then economically--the country is.

But now he's in a tough spot. It's not just his gumption, and savvy, and political deftness, and good luck that stand between us and the apocalypse, but his optimism and salesmanship. If he doesn't believe, nobody else is gonna go for it either.

And honestly it doesn't look like he believes.

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