1) Incredibly weak recovery: President Barack Obama’s tax/spend/regulation policy — "stimulus"; continuation of TARP; bank, insurance company and auto industry bailouts; "quantitative easing" (aka the printing of money); cash for clunkers; minimum wage hikes; new regulatory rules on businesses; tripling of the deficit; addition of $4 trillion to the debt — failed miserably to produce jobs and grow the economy at the historical rate expected after a deep recession.
June 16, 2011
If you compare the Carter malaise with the Obama debt doomsday machine, any GOP 2012 presidential candidate should sail to victory with greater facility than Ronald Reagan did in 1980. But will she or he?
I am optimistic but also believe that in making his economic case, the Republican candidate will have different challenges because of the ongoing growth of our welfare state and the attitudes it has ushered in, along with heightened class warfare.
We could be seeing a paradigm shift in the way people view their social compact with government. More and more people believe that government exists not just to perform essential services as delimited in the Constitution, but as a grand equalizer of economic outcomes.
It’s one thing to argue that those who earn more should pay a higher percentage of their earnings in income tax. But it’s a completely different idea to suggest that the government should use the tax code and other legislative schemes not just to ensure sufficient revenues to operate the government, but to more
equitably distribute people’s remaining income — or, possibly, assets.
This is not just a matter of semantics. In this new paradigm, some contend that irrespective of the government’s operating needs, it has a moral right — and a duty — to proactively intervene to redistribute income.
June 21, 2011
Barack Obama is a Bad Man
By Jay Clarke
When he first entered the national political arena, I thought Barack Obama was a sincere man, mistaken in his political beliefs, but an honest advocate of them. Today, like millions of Americans, my evaluation of Barack Obama would be quite different.
Without attempting to go over every policy, speech, and embarrassment to explain what is wrong with the man, I might just sum it up the way that many parents do when teaching their sons and daughters about right and wrong. “Obama,” I would say, “is a bad man.”
What people do matters. But, who they are determines their behavior. Who they are will express itself in what they do on a consistent, regular basis.
As human beings we all make mistakes. We sin. But, people who are bad make a lifelong, regular habit out of it and have very little, if any, sense of remorse. Actually, they rather enjoy it. There’s a sense of autonomy, self-determination, and blazing one’s own path that seems to thrive in a person who recognizes no rules but his/her own and no authority other than the desires of his/her own heart.
This is the best blog, column, or editorial I have seen describing the rapid metamorphosis of our nation since the last few months of the Bush administration and the election of Barrack Obama as president.
Thanks to loopyloo305’s “My Blog” for a great piece of work.
via My Blog