PrintOctober 8, 2011
A Disastrous Presidency
After almost three years of disastrous governance, all Barack Obama and the Democrats have left is the politics of bitterness and envy. He can't run on his record -- not with unemployment high and the economy in shambles.
It didn't have to be this way. Obama let Nancy Pelosi, Harry Reid, and every other crackpot Democrat write his Stimulus Bill. In the end, he spent a trillion dollars insulating union members and government employees from the effects of the economic downturn, while the rest of us suffered.
The Stimulus could have consisted of permanent tax cuts for business, allowing capitalist competition to direct funds to its most profitable uses, thereby accelerating economic growth and providing jobs, but Barack Obama does not like profit and its trickle-down wealth.
Instead, in service of Obama's preferred policy of trickle up poverty, we funded non-shovel-ready construction projects and flushed billions down the low-flow toilet of green energy, while giving...(Read Full Article)
