I am not a huge admirer of the previous administration, or the one before that one, either.
That said, this current group seems to have a particularly virulent form of Magical Thinking Disorder, in that making speeches trumps all other forms of behavior, and likely believing their incredibly brilliant words and phrases will have an actual effect on external event outcomes.
e.g., "This (Libya) will be over in a matter of days, not weeks."
"I will spend every wakeing hour working on jobs until every American who wants one will have a job."
I don't think facts actually exist in their minds. Words, as Elvis said, it's only words...