The stock market lost all of its 2011 gains on Thursday. Investors lost a staggering $787 billion — the exact same amount of money President Obama’s economic “stimulus” was originally supposed to cost (before its costs were adjusted upward). Unemployment is now at 9.1 percent, up from 7.3 percent when the “stimulus” was being debated. Gas is now $3.70 a gallon, about double what it was on Inauguration Day. It is therefore entirely understandable that the president of the United States would have something to say to the American people — and, accordingly, President Obama issued a proclamation yesterday, hours before Standard & Poor’s downgraded America’s long-term debt. Dated August 5, 2011, it reads, in part,
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