Gene Sperling is Susan Rice

Reuters

Director of the National Economic Council, Gene Sperling watches as President Barack Obama (not pictured) introduces Dartmouth College President Jim Yong Kim as his nominee to be the next president of the World Bank, in the Rose Garden of the White House in Washington, March 23, 2012.

Article Highlights

  • Watching Gene Sperling on weekend talk shows spinning the sequester is similar to Susan Rice’s Benghazi spinarama.

    Tweet This

  • The Sperling-Obama line that the sequester is really going to hurt is being openly mocked by the media.

    Tweet This

  • The House will pass a bill this week to avoid a gov. shutdown caused by the 3/27 expiration of the continuing resolution.

    Tweet This

Watching Gene Sperling on all of the weekend talk shows to spin the sequester reminded me of Susan Rice’s Benghazi talk-show spinarama last September. The Sperling-Obama line that the sequester is really going to hurt, just you wait, is being openly mocked today by the liberal media. I’ve just been watching ten minutes of guffawing over sequester hype — complete with video reminders of White House lies coming from the president (pay cuts for Hill custodians), education secretary Arne Duncan (“pink slips” for West Virginia teachers), and transportation secretary Ray LaHood (air-traffic-control closures) — all on the usually White House–friendly Morning Joe. Maybe they feel like they’ve been had. They, and the rest of us, have been played and now the White House is looking as silly as Sperling did in his trio of carefully orchestrated talk-show spin-fests.

The Republicans and John Boehner have regained some of the ground that they lost in the post-election media battle with the president. The House will pass a bill this week to avoid a government shutdown caused by the March 27 expiration of the continuing resolution. The president, who has yet to propose a budget, says he wants to avoid talk of a shutdown. Let’s see if Harry Reid and the Senate Democrats will actually move shutdown-preempting legislation in time to avoid another confidence-shaking fiscal fiasco.

Don’t count on it.

Also Visit
AEIdeas Blog The American Magazine
About the Author

 

John H.
Makin
  • John H. Makin is a resident scholar at the American Enterprise Institute (AEI), where he studies the US economy, monetary policy, financial markets, corporate taxation, and banking. He also studies and writes frequently about Japanese, Chinese, and European economic issues.


    Makin has served as a consultant to the US Department of the Treasury, the Congressional Budget Office, and the International Monetary Fund. He also spent 20 years on Wall Street as the chief economist, and later a principal, of Caxton Associates, a trading and investment firm. Earlier, Makin taught economics at various universities, including the University of Virginia. He has also been a scholar at the Bank of Japan, the Federal Reserve Bank of San Francisco, the Federal Bank of Chicago, and the National Bureau of Economic Research. A prolific writer, Makin is the author of numerous books and articles on financial, monetary, and fiscal policy. Makin also writes AEI's monthly Economic Outlook, which pairs insightful research with current economic topics.


    Makin received a Ph.D. and M.A. in economics from the University of Chicago, and he received a B.A. in economics from Trinity College.

  • Phone: 202-862-5828
    Email: jmakin@aei.org
  • Assistant Info

    Name: Daniel Hanson
    Phone: 202-862-5883
    Email: daniel.hanson@aei.org

What's new on AEI

image The Fed can't save the stock market again
image Obama's IRS and AP scandals cast big chill on free speech
image Organic industry's credibility eroded by misinformation about GE foods
image It's not universal coverage
AEI on Facebook
Events Calendar
  • 20
    MON
  • 21
    TUE
  • 22
    WED
  • 23
    THU
  • 24
    FRI
Tuesday, May 21, 2013 | 5:00 p.m. – 6:30 p.m.
Free beer: Liberating libations from ‘Bootleggers and Baptists’

Join us for a discussion of the history and future of federal and state alcohol regulation and competition, followed by a reception with beer, wine, and spirits.

Wednesday, May 22, 2013 | 5:00 p.m. – 6:30 p.m.
NCLB sanctions: Tests taken, lessons learned

Join education scholars and practitioners for a discussion about the latest NCLB research and its implications for future education policy.

Event Registration is Closed
Thursday, May 23, 2013 | 12:00 p.m. – 1:30 p.m.
Competing visions of the common good: Rethinking help for the poor

What shared commitments do we have as citizens and neighbors to care for one another? How can a proper ordering of America’s political economy enable the most people to have the best life? At this event, Rep. Frank Wolf (R-VA), a longtime champion of human rights causes, and AEI President Arthur Brooks will join Wallis in addressing these and other questions.

Event Registration is Closed
No events scheduled this day.
No events scheduled this day.
No events scheduled this day.
No events scheduled this day.
No events scheduled this day.