June 14, 2012
In 2010, former President Bill Clinton made a statement that President Obama would probably rather not be reminded of today. “The Democrats are saying something like this: ‘We found a big hole that we did not dig. We didn’t get it filled in 21 months, but at least we quit digging,’” Clinton said “‘Give us two more years. If it doesn’t work, vote us out.’”
President Obama famously told NBC News’ Matt Lauer that his presidency would be a “one term proposition” if his policies did not turn the economy around by 2012.
June 14, 2012 | Categories: 2012 Election, Agency Regulation, America's Disarmament, America's Freedoms, American Exceptionalism, Classified Intelligence, Congress, Constitutional Responsibilities, Corruption, Corruption in Government, Cyber Security, Deficit, Economic Security, Economic Terrorism, Election 2012, Elections Politics, Electorate, Financial Sector, Fiscal Responsibility, Freedom Justice and Liberty, Government, Illegal Election Funding, Individual Rights and Freedoms, Liberals Big Spending and Taxes, Manufactured Crisis, Most Americans Reject Socialism, National Debt, National Security, New Media News, Political Incompetence, Politically Intentioned Crisis, Politics, Radical Liberal Progressive Left, Redistribution of Wealth, Religious Freedoms, Smaller Government, Tea Party Conservatives, Undermining Constitution, UNION Corruption, VOTER FRAUD | Tags: 'vote us all out then', Bill Clinton, Breitbart, Clinton in 2010, Democrats, Election 2012, former President, it's not working, kick the Dems out, Matt Lauer, NBC News, obama is a failure, politics, president bill clinton | Leave A Comment »
by Dan Mitchell
Posted Aug 8th 2011 at 12:53 pm
President Obama just spoke about the downgrade and his remarks were very disappointing. He uttered some empty platitudes, offered no plan, (amazingly) called for more government spending, and continued his advocacy of class-warfare taxation.
So what does this mean? Other than expecting volatility, I have no idea what will happen in financial markets over the next few days. But I can opine about the downgrade, Obama’s unserious response, and what it means in terms of public policy over the next few years and into the future.
Notwithstanding the President’s cavalier attitude, America is in trouble. But while the crisis is severe, we have some breathing room.
Our fiscal crisis is akin to a very dangerous, but slow-developing cancer. It is not a car wreck with immediate life-threatening injuries.
And there are solutions, as explained in this good news-bad news-bad news-bad news-good news-good news analysis.
1. There is virtually zero chance of the United States defaulting in the next 10 years (heck, probably the next 20 years). Yes, fiscal policy has been reckless and irresponsible during the Bush-Obama spending binge, but I’m guessing it will take another 10-20 years of additional over-spending to bring America to the point of Greek-style collapse. Simply stated, the U.S. economy is so large and so rich that it can’t be destroyed quickly.
August 8, 2011 | Categories: 2012 Election, Agency Regulation, America's Freedoms, Balanced Budget, Corruption in Government, Economic Security, Election 2012, Elections Politics, Federal Reserve Bank, Fiscal Responsibility, Foreign Insurrection, Foreign Policy, Freedom Justice and Liberty, Government, Healthcare, Liberal Scare Tactics, Liberals Big Spending and Taxes, Media Corruption, Most Americans Reject Socialism, National Debt, National Security, New Media News, Politics, POTUS Elibility Issue, Propaganda, Radical Liberal Progressive Left, Smaller Government, Value of the Dollar | Tags: Class Warfare, debt limit, deficits, failed response, fixing America's spending crisis, inflation, National Debt, Obama, obama is a failure, on downgrade and outlook, talking down to Americans, Taxation, teleprompter platitude | 1 Comment »
July 26, 2010 – 2:35 PM | by: Lee Ross
Seemingly convinced that the Obama administration has not done enough to improve the country’s economic outlook, a survey of liberals and progressives show a majority believe the nation is now in the midst of a serious long-term economic decline.
The straw poll from this weekend’s Netroots Nation convention of activists reveals that 53% of those surveyed believe the current economic difficulties will last for the foreseeable future. Only 35% think a positive correction is right around the corner.
In a video statement played at the convention Saturday, President Obama talked about the timing of an economic recovery that seems to match up with these numbers. “It took years to get here,” Obama said. “It will take time to get us out.”
Nearly three quarters of the people surveyed believe Washington lawmakers should make the nation’s sluggish employment marketplace their top priority. Concerns over the wars in Afghanistan and Iraq, as well as other issues, lagged far behind.
July 26, 2010 | Categories: America's Freedoms, Corruption in Government, Energy and Oil, Foreign Policy, Government, Government Regulations, Healthcare, Immigration, Jobs, Media Corruption, Most Americans Reject Socialism, National Security, New Media News, Politics, Private Sector (Free Enterprise), TEA Taxed Enough Already, The Economy, The Environment, UNIONS ACORN and SEIU, War on Terror | Tags: Czars, Democrat base, economy, liberals, majority against progressive agenda, not optimistic, obama is a failure, Radicals, revolutionaries, socialism not accepted, We the People! | 1 Comment »