It's astounding how quickly things can change over four years.
Armstrong Williams | 9/27/2012, 4:24 p.m.
Many people have accused our president of not keeping any of his promises, but he has kept his promise to "fundamentally" change things. The history of this president is a history of repeated injuries and usurpations, all having in direct object the establishment of an absolute tyranny over these states. To prove this, let these facts be submitted to a candid world.
We no longer have a AAA credit rating. That's a historic first. Just last week, the United States of America received another downgrade that the media largely ignored. Egan Jones cut its rating of the United States' credit from AA to AA-. Do any Democrats remember what Standard and Poor's actually said when they downgraded us? They emphasized not taxes on the wealthy, but reduction in spending as gravely needed. Does the president think that this problem will magically go away? He has done nothing about this, and, sadly, I do not expect him to ever do anything about it.
We have lost respect in the eyes of many nations around the world. Even in comparison to the Bush administration, which was, rightly or wrongly, despised at home and abroad by so many, the United States' reputation is in tatters. When did George W. Bush ever have 11 countries rioting outside American embassies?
The average family has lost 25-33 percent of their wealth. The president, of course, inherited a tough situation, but the recovery, as it turns out, has actually been worse to the average American than the financial crisis. Michael Fletcher of the Washington Post reported, "From June 2009 to June 2012, inflation-adjusted median household income fell 4.8 percent, to $50,964 ... Incomes have dropped more since the beginning of the recovery than they did during the recession itself, when they declined 2.6 percent." Yes, it's that bad.
He has stoked the flames of social class resentment, inspiring the Occupy movement and then encouraging it. He has tried to raise income taxes on the wealthy while half the country doesn't pay income taxes at all. He even said that that's the reason he's running for a second term. He explicitly states his goals in class terms, calling laissez-faire economics "top-down economics," as opposed to his "middle class-out economics." He is directly pledging to grant privileges to some and not others, while, in the next breath, saying that everyone ought to "play by the same rules." How even the most manic Obama partisan can fail to see the contradiction here is a testament to their closed-mindedness.
The percentage of people working is lower than it has been in three decades. Not only are our wallets thinned out but so are our spirits. More people have gone on disability in the Obama years than have got new jobs. Are that many people actually getting disabled? Is there an epidemic going on here that we don't know about? The government has taken over health care. For decades, liberals dreamed of bringing universal health care to the United States, and President Obama delivered it to them. No, it's not single-payer, but it's nearly as much of a nightmare.
Our government gets to choose winners and losers in business. Solyndra is just the beginning. The president, rather than learning from this embarrassment, has doubled down on his desire to "invest" your money for you. Less famous than Solyndra, but just as important for all of us, are Raser Technologies, ECOtality, Nevada Geothermal Power, First Solar, Abound Solar and Beacon Power. Mr. President, if people don't want to invest their own money in something, is it actually worth investing in? And if it is, then why do we need to the government to invest in it?
These are just a few of the changes that have dramatically altered the landscape of our personal responsibility and free enterprise, which once characterized America. At this point, we can only hope that all of this change can be reversed. He has come through on his promise to change things, and if he keeps this up, we will soon barely recognize the country that was once the temporal hope of mankind. If Obama's inheritance of the financial crisis is enough to excuse four years of blunders, how much more will the next president, inheriting the Obama mess, be able to get away with?