Four years ago, Barack Obama chose to use ten, grandiose, Greek columns as the backdrop for his speech at the 2008 Democratic National Convention in Denver. The staging was a rather clumsy effort to substitute showmanship and theatre to help disguise Mr. Obama’s hostility towards American enterprise.
What many Americans watching the Obama speech four years ago may not have realized was that Obama’s fake Greek columns were a bad omen of things to come. Mr. Obama was about to put the United States on the same economic path as Greece.
Watching Greece try to solve its insolvency problems over the past three years offers a terrifying roadmap of Barack Obama's vision for America. Why? Many of the problems which led to Greece's collapse can be seen in Obama's policies and platform promises over the past four years.
For example, much of Greece's problems have been caused by an unsustainable and counterproductive growth in the public sector and in labor unions. The Greek unions' demands have become more exorbitant over the years and place an extraordinary burden on the Greek government which can no longer sustain the silly and irrational policies once promised. Sadly, Mr. Obama has not only borrowed fake Greek columns, but he has adopted the same economic nonsense.
Under Obama, the public sector has experienced explosive growth, even as federal spending has ballooned out of control. The bloated Stimulus spending, Dodd-Frank FinReg and Obamacare all come with requirements that expand the number of federal entities and the number of federal employees, while erecting additional bureaucratic burdens and increasing the regulatory madness that stifles economic growth. Add to that the increase in the number of czars and their staff supporting Obama's special interests’ lobbies, and it is easy to see that our country's current path isn't too far off from Greece.