
Pondering the Obama presidency, I cannot help but recall the immortal words of Marvin the Martian:
“Oh! That wasn’t a bit nice! You have made me very angry! Very angry indeed!”
Try as I may, there is little I can find to like about the new Administration to this point. It seems that almost every day since he started, he’s promoted policies I believe to be wholly wrong, or saying something that completely flies in the face of credulity.
The budget he has proposed, which spends money we don’t have like there’s no tomorrow, seeks to focus on three items above all else: so-called “green” energy, education, and expanding socialized medicine. Added to the previous “bailouts” and “stimulus” spending, the President is most assuredly saddling future generations of Americans with debt the likes of which have never before been seen in the history of the world… and he’s only just begun!
While I admit the present mindset that economic cycles can somehow be altered by increased government spending and growth began under the tail end of the Bush Administration, he’s a piker compared to his successor, who has taken such policies to new heights. Plus, Obama has added in a large measure of anti-private sector, “capitalism is the boogeymen” rhetoric the likes of which that haven’t been seen since the halcyon days of the Bolshevik revolution. This is not good in a country where liberty is mostly based on private property rights which are the basic fruits of our labors. Once we break the work ethic, and people no longer have incentive to do much of anything for lack of any real return or reward, then what?
Make no mistake about it—we are living in times where a large number of people have been led to believe that we can borrow our way out of debt and simply print money and spend ourselves into prosperity. You’ve all seen the letters in the papers extolling the use of stimulus money for things that people would otherwise not pay for themselves, a good example being the Gilford police station project. People you would think should otherwise know better think we should simply take this money “because if we don’t, someone else will get it.” This is the very attitude that has brought America to the economic brink.
Who is footing the bill?



