Obama’s Plan of Action

President Obama famously—or infamously—said at the beginning of his term that if things didn’t get better in the next three years, he should be a one-term president. I would like to hold him to that promise. But then, he’s not been too good at keeping his promises:

Some people believe he deserves special recognition for this feat. Here’s one suggestion:

He has his solutions to the national debt problem. Here’s one:

Don’t like that one? Well, here’s another:

Of course, it’s not just on the issue of the national debt that he’s gone astray. When he took office, the average price of gasoline was about $1.80, after President Bush took action to open up more offshore drilling sites. Obama has cut back severely on those permissions. Is that perhaps one of the reasons we’ve seen a spike that may soon set a record? Already gas prices for this time of the year are at an all-time high. What’s he going to do about it?

Here’s a concise summary and the president’s proposed plan of action:

I don’t think so.

The Sunset of Our National Life?

Fallout from President Obama’s latest proposed budget continues. Critics are getting a lot of ammunition by playing back videos of Obama on the campaign trail before his election, when he called the Bush deficits unpatriotic. Also making the rounds is a speech where he promised to cut the debt in half by the end of his term. I wouldn’t call an additional $5 trillion an exercise in debt reduction. His words have come back to damage him now, and rightly so.

One critic, though, has at least compared the proposed budget to some of the Western world’s finest literature:

Speaking of fantasies:

The question that always troubles me is whether the voters will realize what’s going on, or will they instead fall for the illusion this administration is touting as reality:

Driving off into that sunset could be our last act as a sovereign people.

Budgetary Foolishness

The Associated Press, hardly a mouthpiece for the Republican Party, had this to say about the new budget proposal President Obama showcased this week:

Taking a pass on reining in government growth, President Barack Obama unveiled a record $3.8 trillion election-year budget plan … calling for stimulus-style spending on roads and schools and tax hikes on the wealthy to help pay the costs. … Obama would leave the spiraling growth of health care programs for the elderly and the poor largely unchecked. The plan claims $4 trillion in deficit savings over the coming decade, but most of if would be through tax increases Republicans oppose, lower war costs already in motion, and budget cuts enacted last year in a debt pact with GOP lawmakers.

The only real cuts would be in defense, which is only the first obligation of any government—to protect its citizens.

One of the reporters at the White House press conference on the budget put it this way to presidential spokesman Jay Carney in trying to make the point about the foolishness of the president’s plan:

It would be along the lines of a family that makes $29,000 a year spending $38,000 a year, so taking on new debt—$9,000 in new debt with a $153,000 credit card bill that they were not able to pay down.

Carney’s response was to—get ready for this unique explanation—blame Bush.

What the Obama budget really means is that by 2022, one decade from now, we will no longer be $15 trillion in debt, but $25 trillion. Yet he touts what he calls the economic recovery, and warns that to stop government spending will thwart the recovery. That’s just warmed-over, totally discredited Keynesian theory that says government spending is the way to prosperity. Absurd. But of course the president wants to paint the rosiest picture possible.

His perceptions are way off:

Congratulations, Mr. President, for not allowing the stress to get to you. Unfortunately, it’s getting to the rest of us.

Obama Off the Back Burner

The political focus naturally has been on the Republican race, and as I noted yesterday, the “Santorum Surprise” has become the top story. It also has highlighted the clear Romney weakness in a Republican electorate:

All of this attention to the Republican primaries and caucuses should be putting Barack Obama on the back burner for now, but he has contrived to make himself the news as well, albeit not in a positive way. The octopus-like arms of Obamacare are revealing themselves more than ever now that his administration is trying to force religious organizations to provide birth control methods they disagree with. This has become a vital debate over religious liberty, and rightly so. Obamacare is a threat to genuine religious liberty. Obama is a threat to genuine religious liberty.

He’s attempted to play up the numbers on unemployment now that the “official” word is that it’s down to 8.3%. What he doesn’t want anyone to know is that the labor force itself has dropped precipitously. Fewer people are even looking for work because they’ve given up, and the real problem for those who want to know the truth is that the Obama Labor Department is always going to put things in the best possible light.

Yet the president himself conducts an interview before the Super Bowl in which he declares he deserves a second term.

I thought I would add that cartoon just in case anyone has forgotten that we’re now over $15 trillion in debt. Is that going to be his argument for a second term? I hope so.

That Was the Week That Was

Time to summarize the week, starting with the Obama administration’s directive to force Catholic hospitals to provide birth control [and by extension possible abortions]. Where does he think he gets that authority?

This is a slap in the face, of course, to all those Catholics who voted for him, thinking he was some kind of paragon of virtue. But they should have known; his record was quite clear before running for the presidency. He was the only state senator in Illinois who fought to disallow babies born alive “accidentally” during an abortion to receive medical care. He has been consistent.

Hopefully, they’ll make a more informed choice this November.

Meanwhile, Attorney General Eric Holder testified [sort of] to a House committee again over his accountability in the Fast and Furious scandal. Congress has been requesting the pertinent records for quite some time. There seems to be a speed bump somewhere in the process of receiving them. Perhaps a better name can be given to this scandal:

Let’s just say Mr. Holder has been less than forthcoming:

The Occupy Movement has also been trying to get back into the news. One wonders if they need a public relations firm, considering their outrageous actions. Their mantra of the 1% vs. the 99% could easily be turned back on them:

Then there’s always the budget/national debt issue. Remarkably, the unemployment rate fell temporarily to 8.3% [don’t expect that to last too long], but the overall financial mess we find ourselves in as a nation only gets worse:

Don’t be fooled by superficial good news; the overall picture is still pretty bleak.

The Dangers of an Unprincipled Electorate

A major problem with an unprincipled electorate is that the voters will only look at superficial indicators when it comes to the economy. For instance, the slightly lower unemployment rate right now—although still well above 8%—may lull some people into the illusion that everything is now going in the right direction. An unprincipled electorate doesn’t examine the underlying philosophy of the administration. All they want to know is if things seem to be better. If they “feel” like things are better, they will vote to keep Obama in office.

Yet they will be missing a few items of note along the way.

Based on his socialist philosophy, the government got involved in bailing out General Motors, and pushed for the development of the Chevy Volt. The public isn’t buying it—literally. Then the car started having unexpected problems—like setting itself on fire.

This is what happens when the government, not the market, determines what will be built. It kind of reminds me of the Yugo fiasco in Yugoslavia back in its primetime communist days.

Neither can we forget the budget dilemma we are facing. While there may be some superficial signs of recovery, there is the ongoing issue of massive debt.

Who is going to have to deal with this?

What a present to leave the next generation.

We need an electorate that is educated in basic principles, both economic and otherwise. Without that, we will continue down this disastrous path.

Of Super Committees & Gullible Voters

So now it’s official: the Super Committee wasn’t so super after all. Abject failure. No agreement on how to cut the budget by $1.2 trillion, which wasn’t even really a budget cut, but merely a slowing of the growth of the national debt. Democrats on the committee wanted to use it as a way to increase taxes by $1 trillion; Republicans rightly balked at that. Republicans offered cuts along with the closing of some loopholes to increase revenues; Democrats wouldn’t go along. This was destined to fail from the start.

I don’t want to be too hard on the committee; after all, it’s just a microcosm of the entire Congress.

For some odd reason, though, the public still continues to hold Republicans more responsible for the failure than the Democrats, despite the fact that the Republican-dominated House has passed bills with some teeth, only to see them die in the Democrat-dominated Senate—the same Senate that has refused to pass a budget for nearly one thousand days. This is frustrating. It reveals the lack of economic knowledge among the populace. They don’t like deficits, apparently, but don’t understand how to get rid of them. Taxing the rich more doesn’t even dent the problem. In fact, it only hurts economic growth, which is the only way out of the doldrums.

Leon Panetta, Obama’s own Secretary of Defense, has gone to Congress to bemoan the automatic cuts that are now going into effect. Panetta believes they will seriously harm our nation’s defenses. That’s Obama’s Secretary of Defense talking, not some Republican. Yet Obama will never take responsibility for the damage he has done.

His greatest [?] accomplishment has been to add roughly $5 trillion to the national debt in less than three years. I have to admit no other president has been able to match that feat.

His campaign strategy will be to blame Republicans. We’ll have to see just how gullible the electorate is in November 2012. My fear is that stupidity will reign once again, and we will have to suffer through a second term.