Within less than two years of taking office, President Obama successfully put in to place a system of tremendous governmental control over the otherwise private economy. By the middle of 2010, the President had become a de-facto C.E.O. over huge chunks of the economy, with the power to hire and fire executives, establish compensation limits for executive management, and to determine what products and services are produced. Insurance companies, car manufacturers, lending institutions and energy producers – President Obama has successfully forced his will upon them all.
So has all this governmental control created an economy that is “built to last?” We should also ask the Obama campaign emailers “how does the extra $6 trillion in U.S. government debt (roughly the amount of federal debt increase since the President’s first day in office) help pay down the debt?” And what about the $813 billion stimulus bill of 2009 – that was supposed to be an “investment” in innovation, infrastructure and education – where did that money go? Wasn’t that supposed to be “invested” in important things? And what happened to “shovel ready jobs” – were there any “created?”
A quick check of Democrats.org, the national party’s website, also reveals a list of other specific policy ideas that the President allegedly supports, yet he isn’t talking about them these days. One such policy has to do with energy independence, as the Democrats claim that “President Obama knows we can’t just drill our way to lower gas prices,” and that President Obama is focused on “developing all of America’s natural resources...”
Of course, the President himself said late last year and earlier this year that he is committed to an “all of the above” approach to energy policy, implying that he’s okay with petroleum-based energy, along with the alternative energy development that he’s promoted.
This sounded great- but the President isn’t saying this anymore. This is probably because an “all of the above” approach to energy, we now know, means “anything except Big Oil” within the Obama worldview – hence the President’s veto on the Keystone XL Pipeline project that could have reduced America’s reliance on oil from other continents and could have created jobs from the Canadian border all the way down to Texas. The President and his friends would prefer to ignore this here within the last ten weeks of the election cycle, so they simply don’t talk about it – better to remind everyone about the scary and terrible Romney and Ryan.
Historically, Americans haven’ been content to merely vote against a particular idea or candidate – they generally prefer to vote for someone or something, even if they are choosing the lesser between two “evils.” Will President Obama defy the odds this year – or will Americans be more scrutinizing?
Austin Hill is an Author, Consultant, and Host of "Austin Hill's Big World of Small Business," a syndicated talk show about small business ownership and entrepreneurship. He is Co-Author of the new release "The Virtues Of Capitalism: A Moral Case For Free Markets." , Author of "White House Confidential: The Little Book Of Weird Presidential History," and a frequent guest host for Washington, DC's 105.9 WMAL Talk Radio.