Well, I wasn't sure if President Obama was going to be able to survive his reelection bid. In my humble opinion, I don't believe he deserved to, considering we have over 8% unemployment - and, the reality that he's added $5 trillion to our nation's debt. Nevertheless, thanks to his great speeches, political operatives, and class warfare strategies he has survived. Indeed, I figured if he did survive this reelection that at least he would have to stop blaming President Bush. Okay so let's talk shall we?
There is no reason that you can put $5 trillion to work boosting and economy and still not get out of recession. We should be at 5 to 6% GDP growth right now and overheating, worried about inflation. Our unemployment should be around 5.5%. In fact, isn't that what President Obama's administration promised us? And they said they could do it for less than half the money they spent. I guess they were a little too overly optimistic about their own executive leadership, and understanding of the economy. All they did was print money, play some games on the Federal Reserve's balance sheet, and send all that money to China, while they also caused inflation in many of the economies of our trading partners.
Interestingly enough, we will probably go into recession in 2013, and in that case; had Mitt Romney won the election, he could have legitimately complaint and blamed President Obama for putting them in that world of hurt. But somehow, I don't think he would have, rather he would have taken the bull by the horns, done what needed to be done, and moved on. That would be the sign of true leadership, and apparently President Obama gets a second chance. This time he's put himself into a horrible situation, therefore he only has himself and his administration to blame.
Indeed, I see a common theme with this administration and president, and that is; to blame others for whatever failures they have accumulated in their lives. Right now, it seems President Obama is still using the class warfare strategy; blaming the rich. That, my friends is a dead end road. In fact, they are doing the same thing right now in Greece, Spain, Portugal, Italy, but it's not getting them out of their situation. Socialist leaning politicians never seem to blame themselves for spending their national treasuries into oblivion. It hardly matters if it is Argentina, Venezuela, or even Zimbabwe.
The reality is it never ends well, even if you can blame someone else, the leaders always tend to go down with the ship. Indeed, I'm not sure why Americans voted for four more years of this nonsense, but now that they have, maybe they should all pitch in and buy President Obama a mirror. Then he will know who to blame when things don't work out as he'd hoped, even though just the other day, a day after the election, he told a reporter on TV that;
"I've never been more hopeful for the future."
You see, hope is not enough to do it, you need a solid strategy. Socialism isn't a good strategy, and therein lies the problem, no matter who you blame. Please consider all this and think on it.
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