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 President Obama 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 the facts be submitted to a candid world.We no longer have the AAA credit rating. That’s a first. Just last week, the United States of America received another downgrade that the media largely ignored. Egan Jones cut its rating of U.S. credit from AA to AA-. Do any Democrats remember what Standard and Poor’s said when it downgraded us? It emphasized that a reduction in spending, not taxes on the wealthy, was gravely needed. Does the president think that this problem will magically go away? He has done nothing about this, I do not expect him ever to do anything about it.
We have lost respect in the eyes of many nations around the world. Even in comparison with the Bush administration, which was, rightly or wrongly, despised at home and abroad by so many, the reputation of the United States is in tatters. When did George W. Bush ever have 11 countries rioting outside American embassies?
The average family has lost 25 percent to 33 percent of its wealth. The president inherited a tough situation, but the recovery, as it turns out, has been worse to the average American than the financial crisis. Michael Fletcher of The Washington Post reports that “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.
Mr. Obama 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 is 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, and in the next breath saying that everyone ought to “play by the same rules.” How even the most manic Obama partisans can fail to see the contradiction here is a testament to their closed-mindedness.