Put an end to Obama's false promises
The Kansas City Star
As the next presidential election approaches, voters would be well served to read President Barack Obama’s four-page Inaugural Address of Jan. 20, 2009. It is a great speech by any measure except one: virtually none of the “hope and change” he promised has materialized today.
He promised new jobs and a new foundation for growth. Today, there are still 4.3 million fewer people employed in the private sector than in January 2008, when employment peaked. His administration forecast 6 percent unemployment by the end of his first term.
It has been hovering above 8 percent this year and is again rising. When one includes people who have taken Social Security, stopped looking for work or are under-employed, the true unemployment figure today is around 15 percent.
As for laying a new foundation for growth, Obama’s relentless regulatory attack on our free enterprise system, plus reduced availability of capital (Dodd-Frank, anyone?), plus an unpredictable tax environment, has slowed growth.
Historically, it takes about a 2 percent annualized growth rate to maintain current employment levels. Obama, our own Sen. Claire McCaskill, and their fellow Democrats in Congress have laid a new foundation for stagnation, not growth.
Under Obamanomics — ballooning government spending and entitlements sucking the lifeblood out of the economy — America’s slow growth and depressed job opportunities will not end soon. In fact, the International Monetary Fund estimates that China’s gross domestic product will surpass America’s by 2017. America is in decline. Yet in an interview earlier this year, Obama said that the private sector was “doing fine.”
At his inauguration, Obama promised to end the “petty grievances” … “false promises”… and “worn out dogmas” that have strangled our politics. Yet he and Rep. Nancy Pelosi and Senate Majority Leader Harry Reid have presided over the most divisive and dishonest administration in generations, including that of President George W. Bush.
If Obama, Reid and Pelosi ran a large U.S. corporation the way they run government, they might all be in prison.
Obama’s ineffective stimulus programs and other wasteful spending have added $5 trillion to the national debt, with little benefit. Despite massive waste, overlap and corruption throughout our government, there has been no serious effort to end fraud-plagued or duplicative programs.
Instead, Obama wants to raise taxes on the rich, cynically knowing that the cost of his mismanagement will ultimately raise taxes for the middle class.
Finally, Obama rejects the “false choice” between “our safety” and “our ideals” when it comes to national defense. Our military budget is expected to be gutted to pay for Obama’s entitlement programs.
The military reductions would add to the unemployment rolls. Our naval capabilities are at their lowest ebb since World War II. Meanwhile, real and potential enemies around the world are steadily expanding their military capabilities.
The critical choice in November is not about people or parties or, lately, abortion. It is between visions of the way forward for America.
If you like the current nanny-state vision then rock on.
If you think we are better off with a smaller government and greater economic freedom — a formula that made our country the wealthiest in the world — then there’s an app for that.
November’s results will be interesting.
As Winston Churchill observed: “You can always count on Americans to do the right thing — after they’ve tried everything else.”
*Stephen Brewer operates his own business providing marketing research and marketing consulting to law firms in the U.S. and Canada. Reach him by email at email@example.com or write to Midwest Voices, c/o Editorial Page, The Kansas City Star, 1729 Grand Blvd., Kansas City, MO 64108. *