An article in The Economist titled “Private Effort Common
Good” addresses the frequently asked question: “is
America better off than it was four years ago?” The article focuses on the
speeches made during the Democratic Convention and reiterates the Obama
Administration’s tactic of avoiding answering the question and instead
attacking Mitt Romney at every possible chance, even going as far as literally
lying to make Romney look like a terrible person and presidential candidate. So
since the Democratic Party refuses to correctly address the question, let’s do
that here, keeping in mind Prof. Eubanks explanation that a good government is
one with which people prosper.
Cutting the national debt in half was one of Obama’s
pledges before getting elected in 2008, yet under his administration the debt
has risen so high that, when asked, he did not even know exactly what it was
(or maybe it is just that he really doesn’t care
what it is). By the way Obama, it’s over $16 trillion, and, thanks to
technology, easy to track—just ask the Republicans about their clock.
Another promise Obama made was to reduce the
unemployment rate. Currently, the unemployment rate, including the
underemployed, is right around 15%. This number does not even include the
people who have given up on finding employment altogether! Yet instead of
taking responsibility for this unacceptable reality, his administration wants
to focus on ripping Romney apart over the statement he made regarding the 47%
of citizens on public assistance. Well guess what, Mr. Obama, many of those
people would not be on welfare if it wasn’t for your administration’s policies
and strategies that have worsened the economic situation, rather than improving
it.
Concerning the issue of private sector job growth—another
of Obama’s supposed goals—using government force to prevent “shovel ready”
private sector projects, like the Keystone Pipeline, achieves the exact
opposite result.
So over the last four years have we seen more or
fewer people prosper? With an unemployment/underemployment rate of about 15%, a
national debt so high that bankruptcy is actually a possibility, and 47% of the
population on public assistance, the answer is clearly fewer. So there’s your
answer, Mr. President. The country is not
better off than it was four years ago. In fact, it is substantially worse and
thanks to your administration’s policies it is almost without a doubt going to
get even worse in the coming years, because the national debt is so high that
we have no choice, but to implement a plan to massively reduce federal
government spending over the next 10 years, which will cause another rise in unemployment.
And to add to this problem, with the most likely end of the Bush tax cuts and
other
“nickel-and-diming” income tax policies, every worker will have less disposable
income which will lead to even higher unemployment and slower economic growth
than what we have been experiencing over the last several years. Bravo.
1 comment:
I'm sure the 47% number was not directly a reference to people on welfare. Rather it was a number reflecting the number of people who pay $0 in federal income taxes annually.
Post a Comment