Why Obama Will Lose in November

I received a campaign letter from Michelle Obama the other day. This is especially surprising because I am a registered Republican; hardly a likely prospect to contribute to her husband’s reelection efforts.

“Every day I learn about the challenges and the struggles—the doctor bills they can’t pay or the mortgage they can no longer afford,” said the text. The “fairness” theme, a socialist meme, was expressed. “American prospers when we are all in this together, when hard work pays off and responsibility is rewarded, when everyone—from Main Street to Wall Street—does their fair share and plays by the same rules.”

The fact is, however, America has not been prospering for the last four years during which Barack Obama has been President. And everyone knows it. The U.S. sovereign debt rating was downgraded for the first time while he occupied the Oval Office. Federal spending (25% of GDP) is the highest since World War Two. Federal debt (67% of GDP) is the highest since just after the end of World War Two, and the nation has experienced, not only the longest recession, but the highest unemployment since the 1930s.  Read More…

Advertisements