Many are currently crowing about how President Obama "answered" Reagan's question of "are you better off now than you were four years ago".
Of course that's not really what he said and he has carefully explained in interviews how things were much worse than anticipated. Matters not one speck to libertarians who use such oracular texts as pamphlets "proving" that FDR extended the Great Depression to reach conclusions on Obama's policies before he ever put his hand on the Bible.
Not because they overestimated the economic problems they country was facing, but because it was based on the false premise that government can create jobs by spending money we don’t have.The only difference in the libertarian's view that Obama made things worse and the Republican's caterwaul that all he does is blame Bush is semantics.
The problem is they both ignore the fact that Obama is right.
See that chart up there? That's the revised statistics of the depth of the contraction during the Great Recession. It was a full percentage point worse than originally estimated. That means the economy lost $100 billion more than originally thought.
But what if the Libertarians are right? What if Obama is a misguided incompetent? Then we should look at alternatives right?
How about Romney? Nope. They hate him because of Massachusetts healthcare.
Surely Perry. Nope. One word - Gardisil.
Well how about tea party darling, Herman Cain? Oh, you didn't know he supported TARP?
So what will Libertarians do when election time rolls around? They'll vote for Gary Johnson who stands not a hoot's hell chance in winning. Then, what will they do in the general? They'll either stay home or vote for the candidate they select at the colorful hootenanny they call a convention.
And in January 2012 if, with their assistance at picking every scab the Republicans open on Obama, we elect a full bore lunatic, they will wipe their hands and say their conscience is clean because they didn't vote for either one.
Which is why until the day dawns where they give a whit about reality, we shouldn't give a whit about what libertarians think.