Of course, that doesn't mean that the administration's response to the recession has been good.
Indeed, the administration's newfound understanding of the unique problems of a financial recession begs the question about why they didn't tell us this in early 2009 when they promised that their big-brained policies would restore growth and employment by now:
Why did the administration sell the ginormous spending as solving the problem when it has not? Were they ignorant of the reality that they now blame for the lack of progress? Or were they just making up numbers as they went?
If they used a model, why didn't the model take into account the factors the administration now says argue for giving them more time to fix the economy?
Oh, and how do we know you have any clue now about what to do?
UPDATE: More on the ability of the super geniuses to devise government solutions to the recession. Remember (tip to Instapundit), they said they knew how to solve the problem. They didn't. But they do now?
UPDATE: Of course, via Instapundit, our president's team of big-brained super geniuses hasn't done as well in engineering a recovery as we've experienced with a couple other financial crises.
