JONAH GOLDBERG:: Spinning the ‘Pile of Manure’ Economy – NRO

By at October 21, 2012 | 12:45 am | Print

JONAH GOLDBERG:: Spinning the ‘Pile of Manure’ Economy – NRO

By Jonah Goldberg –

It was arguably Ronald Reagan’s favorite joke. In one version, two kids — one an optimist, the other a pessimist — rush downstairs on Christmas morning. The pessimistic kid gets a new bike and weeps that he’ll probably break it soon. The optimistic kid is presented with an enormous pile of manure and squeals with delight: “There’s got to be a pony in here somewhere!”

In fact, the joke took on a life of its own in the Reagan White House. Whenever bad news came in, someone would remark, “There’s got to be a pony in there somewhere.”

Barack Obama, who always wanted to be a liberal version of Ronald Reagan, has his own version of the joke. It’s not particularly funny, alas. In Obama’s telling, the kid runs downstairs, sees a huge pile of manure and yells, “Yay! Manure! Who needs a pony!”

On the stump and in the recent debates, the president has been taking credit for things that are symptoms of a bad economy and touting them as major accomplishments.

via Spinning the ‘Pile of Manure’ Economy – Jonah Goldberg – National Review Online.

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