The Young Frankenstein Recovery

On July 2, 2010, in Economics, by club soda

“Please! Remain in your seats, I beg you! We are not children here, we are scientists! I assure you there is nothing to fear!”

-Dr. Frederick Frankenstein, Young Frankenstein

Back in April 2002, David Levy proclaimed that the Unted States was in “the Frankenstein recovery.” If 2002 was the Frankenstein Recovery, then this is the Young Frankenstein Recovery. It’s so bad that it’s a parody of a stitched-together, made-up recovery. Charged with finding what we need to reanimate our economy, the geniuses on Capitol Hill, a.k.a., Igor, bring us the Abby Normal brain of “stimulus” spending. Unfortunately, after inserting the abnormal brain and pumping megagigawatts of electricity into his creature, Dr. Frankenstein didn’t have a plan after it came to life.

Likewise, our own Dr. Frankenstein, Obama, and his foolish sidekick, Igor, have created a monstrosity that threatens to force a double-dip recession. Sure, I suppose there’s a smattering of “shovel-ready” jobs, but that doesn’t exactly save the economy. To see another version of how Obama and Congress explained all the pointless spending to the American taxpayer, please check out the video clip below (the part of Obama/Congress is played by Marty Feldman; the part of the American taxpayer by Gene Wilder):

Liberals continue to believe the Great Depression myth that Franklin D. Roosevelt’s massive growth of the federal government somehow saved the economy and will always save it. All it really did was create a 7-foot-tall, 54-inch-wide gorilla that lumbered around terrorizing the villagers for an entire freaking decade. Now the monster’s twice as large and the angry racists villagers are fresh out of torches and pitchforks. Oh well. At least it can sing Puttin’ on the Ritz