The presidents opening drive set the tone for the afternoon, a sharply struck slice that found the president deep in the woods and placed him in immediate trouble. The next hole faired little better. Obama hit a shocking 3-wood off the tee, straight in the air with a sharp hook that sailed over the trees and off the property at The Vineyard Golf Club. It led to a triple bogey, and he was never able to get back those shots.
Bare had to finish birdie-birdie to get in range of Bloomberg, who also seemed to be having trouble finding the narrow fairways of the Martha's vineyard course. To his great frustration, the president found he didn't possess a birdie club in the bag. Speed control was also a major headache for the nation's numero uno, and the president spent much of the late afternoon rolling helplessly past the cup. Instead of closing, he faded on the back nine and finished a dismal 42 strokes over par, leaving him well back.
As to the economy, the nation has suffered from the same deft touch as the presidential golf game. Fears are growing that the country could lapse back into a recession. Federal Reserve Chairman Ben Bernanke described the economic outlook as "inherently uncertain" and said the economy "remains vulnerable to unexpected developments."
Seems like its been that way for a while. In fact, ever since President Bush left office, the economy has been unexectedly worse than advertised. Didn't we just hear that housing starts are off by record levels? Unemployemnt is also higher than expected. GDP? Unexpectedly low! Hmm. What do you say, Michael?
"The stimulus bill, in the end, didn't go to do what the stimulus did back in the... after the Depression in the early 30s."
Oh yeah. Well, 1.5 trillion ain't what it used to be. So goes the Summer of Recovery.
Great hats, girls!