President Obama's acceptance speech at the Democratic National Convention was scary.
What Americans heard is a thinly disguised plan to continue with an effort to further the addiction of American voters to government subsidies, aid and handouts. Every person in the nation should already understand that our government has made promises that it cannot afford to honor. Yet, our president, incredibly, advances ideas that would expand entitlements at the very time when a rising debt and 4 years of shameful $1 trillion dollar annual deficits have eroded American prosperity.
Mr. Obama’s only plan, it seems, is to continue looting the savings from those most responsible and levy new and confiscatory taxes on the job creators and entrepreneurs. Obama's is an economic plan that cannot work and whose only aim is to create a dependent nation of guaranteed Democrat voters for the future who are incapable of functioning autonomously from big government.
Barack Obama spoke as if the past four years, and five trillion dollars of federal spending that yielded nothing save bigger debt, bigger class divisions and bigger government, had not occurred. Meanwhile, joblessness continues. Obama made no mention of the fact that more and more of our fellow Americans have become so discouraged that they have stopped looking for work.
Instead, Mr. Obama went back in time and dipped into the approximately 500 campaign promises made in 2008. Of course, few of these 500 promises were kept, but that made no difference as glib promises were dusted off and trotted back out.
In his 2012 speech, Obama has made no promises that he had not made four years earlier. He offered no roadmap for how his promise of a "better path" would be achieved. He clearly didn't think he needed to do so. With almost 50% of Americans having already drunk the federal subsidies and entitlement "kool-aid", Obama seems to believe he needs only to promise more of the same and guarantee that the government entitlements will continue to grow and to flow to guarantee his re-election. That assumption, too, is scary.