Not very funny, just sad and true
The other day we said, regarding the President’s trip to China, that he who pays the piper calls the tune. As it turns out, that theme was featured as the opening act of SNL. Obama was featured as a buffoon who spouts economic nonsense. “I am noticing that each of your plans to save money involves spending even more money, says Hu Jintao. Obama can’t even get the name of his Chinese counterpart right.
There was a time when portraying the President as a bumbling fool was arguably a little funnier. Today the stakes seem higher. Note, for example, that in the SNL portrayal of Obama, the President seems completely unaware that he speaks gibberish, repeating the same mantra time after time. That the SNL writers chose to make Obama clueless rather than cynical is an editorial choice worth noting, and a scary thing for America.
In related news, “The most accurate dollar forecasters…say the dollar will depreciate as much as 6.4 percent versus the euro. About $12 trillion of fiscal and monetary stimulus, the world’s lowest borrowing costs and a record $4 trillion of government bond sales between 2009 and 2010 will weigh on the currency.”
