America Catches On!
Obama came back from picking up his bogus Nobel Peace Prize to find his approval ratings at an all time low. Is it any wonder? I admit to being impressed by his speech– the first time he spoke from anything but a totally ‘wuss’ position! And while he is still miles from ever being a ‘buck stops here’ President, he didn’t use the word ‘inherited’ even once that I heard. Imagine that– obama actually giving an entire speech without blaming someone else for the country’s problems!
Obama approval numbers continue to drop like a stone
Despite going an entire speech without blaming his predecessor, don’t think that Obama has suddenly grown the wings of responsibility. And he still has the media carrying water for him; tonight a Reuters’ column described the terrible financial trouble we are in, due to ‘tax cuts, two wars and a recession’. They love to talk about the horrible things that obama ‘inherited’, but never mention the fact that EVERY President inherits a set of problems. Reagan came into office with hostages in Iran and stagflation that makes the current recession look like just another bad business cycle– interest rates were 20%, the economy was barely growing, and unemployment was higher than it is now. But you won’t find speeches with the gipper complaining about what he ‘inherited’! It wasn’t his style– which is one reason that he will always be seen as a strong President, while obama will be seen as opportunistic and weak.
Bush I inherited a recession, and Clinton got credit for the increasing business cycle that followed. T he Republican Congress saved Clinton from himself and controlled spending, resulting in a strong economy– but not as strong as the budget numbers implied, which relied on projections of endless capital gains taxes from a stock market that turned out to be an obvious bubble. So in comes Bush II, inheriting a recession that had been underway for one month (rarely mentioned, but look it up). Bush resisted growing government, instead cutting taxes– giving businesses reason to expand in order to increase profits. Besides the recession, Bush also inherited 8 years of intelligence failures that led to the largest terrorist attack on US soil. But he didn’t whine about what he inherited; he made an incredible series of necessary steps to increase security in our country in ways that are never recognized by the Bush-hating media. Look at all of the things created by Bush– from the dept of Homeland Security to the presence of Air Marshals to the Federalization of air trafffic security personnel! Think of the work that was required– and look at what his successor has accomplished in comparison. Obama has some records– the most travel to foreign countries in the first year of a presidency, for example, or the most use of the word ‘inherited’ by a sitting president. But as for the tough decisions, he has done nothing except blame others.
As for the Reuters article, we know from many examples through history that tax cuts INCREASE revenue. Beyond the direct stimulation of the business cycle by tax cuts, obama’s horrible attacks on business ranging from cap and tax to health care takeovers to compensation tsars have struck fear into the hears of every business owner, as each waits for the next shoe to drop that will cost the company more than it can afford to pay. As a business owner myself, I wouldn’t think of hiring right now; I don’t know WHAT each new employee will cost, but obama promises to make them cost something big. And why should I risk money to grow my business, when obama has made it clear that he will take whatever money he decides that I don’t deserve? Where is the incentive– am I supposed to risk my business, just so that I can pay MORE to the federal government (whose workers have much better benefits than I will ever have!).
Finally, Reuters blames the wars for the deficit spending. But the war in Iraq has cost a couple hundred billion dollars– a lot of money, sure– but only one forth of the near-trillion dollar ‘non-stimulus’ plan rushed through by obama. How can you blame one without mentioning the other? Deficit last year under Bush with two wars going on– 400 billion dollars. Deficit this year with one war winding down and the other largely ignored– 1.8 TRILLION. And obama’s spending is not ‘temporary’; he has created departments upon departments than promise government jobs for everyone he knows. The new government jobs and departments will cost us for decades into the future. Only someone like obama (or Clinton could have pulled it off as well) would have the gall to ‘crow’ about ‘cutting the deficit by 50%’ all the way down to a trillion dollars– double what it was at the highest levels under Bush!
Thanks, America, for seeing the truth about this idiot. And for obama: Thanks– For Nothing!!
