Larry Elder
"The way I think about it is, you know, this is, uh, you know, a great, uh, great country that had gotten a little soft, and you know, we didn't have that same competitive edge that we needed over the last, uh, couple of decades. We need to get back on track." -- President Barack Obama.

The gall is breathtaking, even from a man who as a presidential candidate said, "We are the ones we've been waiting for."

This from a President who, in chastising the rich, said, "I do think at a certain point you've made enough money."

This from a man who, during the brief time he actually worked in the private sector, represented a black woman who accused a bank of redlining her out of a loan. The proximate cause of the housing bubble and meltdown is the notion that the "underrepresented" deserve a home, whether or not they qualified under traditional lending criteria.

This from a man who told a Toledo plumber that government should "spread the wealth around" by taxing "the rich" and giving the money to others, because "it's good for everybody."

This from a man who blasts any suggestion that young people just might be capable of investing a portion of their Social Security contribution into an account that they manage. Former Congresswoman and vice presidential candidate Geraldine Ferraro, in opposing the idea, fretted for those who lack "the knowledge and the wherewithal" to handle the responsibility.

This from a flip-flopper who initially opposed the 1996 welfare reform -- legislation that resulted in a 50 percent reduction in the welfare rolls, and without a corresponding increase in teen pregnancy. Then-state Sen. Obama called President Bill Clinton's support of the federal bill "disturbing," and a year later -- on the Illinois state Senate floor -- he said, "I probably would not have supported the federal legislation." A decade later, when presidential candidate Obama was asked if he would have signed or vetoed the '96 reform bill, he repeatedly dodged the question, insisting that he looked to the next 10 years, not the past 10 years. Then his campaign began running ads touting the reduction of welfare cases made possible by the 1996 reforms.

This from a man who blames corporations for "shipping jobs overseas," yet shows no concern for the high corporate tax rates -- rates that would be unnecessary were the federal government to actually stick to the handful of duties permitted by the Constitution.

This from a man who thinks it's the government's job to "invest" in "green jobs of the future" because the private sector cannot be trusted to take risks.

Larry Elder

Larry Elder is a best-selling author and radio talk-show host. To find out more about Larry Elder, or become an "Elderado," visit