Jan 12
30
An America Built to Be Last
The theme President Obama gave to his State of the Union address was “An America Built to Last.”
But his vision would be better described as an “An America Built to Be Last.”
As the president asked us to be patient and keep drinking the same kool-aid he’s been serving up for three years, the New York Times reported that the Federal Reserve’s latest assessment of our economy is that “…a full recovery is years away.”
Even his most loyal constituency, black Americans, is losing patience. In Gallup’s latest tracking poll, black approval rate for Obama was 79 percent. This is seventeen points under the 96 percent of blacks who voted for him in 2008, and the first time that black approval has dropped under 80 percent.
The debate will go on for many years about what caused the horrible economic collapse from which we are still trying to recover.
The president continues to sell the idea, which serves his agenda to continue to expand government, that the cause was insufficiently regulated business.
There is much convincing research, in which the president shows little interest, that government caused it, by mandating expansion of low quality mortgages and enabling this expansion because taxpayers ultimately guaranteed these loans.
But economists are still debating what caused the Great Depression of the 1930’s.
What Americans must come to terms with now is what we choose to believe this country is about, why in the past it seemed to work so well, and why today things are falling apart.
According to the president, everything will be okay if we allow him and his government to continue to build and consolidate power over our lives.
He gave more reasons to grow government and barely lip service to what is tearing our nation apart today and dragging it down.
The major factors driving us into insolvency, spending on entitlement programs – Social Security, Medicare, and Medicaid – and covering the interest on our nation’s debt, which is now surpassing the size of our entire economy, got attention in two sentences in an hour plus long speech.
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