PoliticalChic
Diamond Member
For those of us who warned of what to expect from an untried, unvetted, Leftist ideologue, Obama's abject failure as a President was far from unexpected.
But, Jeffrey Tucker goes into detail.....and is worth reading- but only for those Obama voters who have the ability to learn.
1. "What was the source of the failure? It was the same at the beginning that it was at the end. Despite his intelligence, erudition, earnestness, and public-relations genius, and the mastery of all the Hollywood-style theatrics of the presidency, Obama’s central problem was his failure to address the driving concern of all of American life: the economic quality of our own lives. Because he didn't have a clue what to do about it.
2. [Obama] was greeted with such enthusiasm and unhinged hope .... a cult-like following had already developed among the intellectual and media elite. It was the dawn of a new age, marked by exuberant anticipation of justice, fairness, equality, peace, and sea-to-shining-sea happiness, all of it predicted as a certainty once you consider the sheer intelligence, erudition, and good intentions of the great man." Why Obama Failed | Jeffrey A. Tucker
a. NBC’s Matt Lauer noted that “people” have called Obama “ ‘The Savior,’ ‘The Messiah,’ ‘The Messenger of Change,’ “ Today Show, NBC, October 20, 2008.
b. "Obama is standing above the country, above the world. He's sort of GOD."
"In a way Obama is standing above the country, above the world. He's sort of GOD. He's going to bring all different sides together."
- Newsweek editor Evan Thomas
3. "Now ... we are seeing the dawning of a new reality: Obama failed. The supposed successes such as the Affordable Care Act have become a handful of dust, and we are left with a huge amount of executive orders and signed legislation that seem destined for repeal.
Eight years in office, and there’s not much to show for it. Economic growth never did take off. Hope and change ended in frustration and fear. The last month of the Obama years has been spent in a frenzy to do something, anything, important to secure his place in history: releasing prisoners, imposing new regulations, putting on the final spin." Fee, Op. Cit.
Let's not forget how his presidency eviscerated the very reasons so many voted for him, leaving us with the worst race relations in half a century.
4. "...he did not end persistent economic stagnation. [Unable to shake off his totalitarian upbringing, he] never understood economics and he had very little appreciation for the power of freedom to create wealth and prosperity.
Faced with the economy’s potential collapse as he took office, Mr. Obama devoted his presidency to the economic recovery, starting with restoring the financial sector. But he never made wage stagnation and ....most Americans struggled financially for the whole of his term." Fee, Ibid.
a. "...take-home pay for many American workers has effectively fallen since the economic recovery began in 2009, according to a new study by an advocacy group that is to be released on Thursday.
The declines were greatest for the lowest-paid workers in sectors where hiring has been strong — home health care, food preparation and retailing — even though wages were already below average to begin with in those service industries.
“Stagnant wages are a problem for everyone at this point, but the imbalance in the economy has become more pronounced since the recession,”..."http://www.nytimes.com/2015/09/03/b...rkers-see-biggest-drop-in-paychecks.html?_r=0
b "....US hourly wages have not only not increased for the past 7 years, but for thevast majority of the labor force continue to decline,.... just the month of August will be enough to provide the Trump - and every other - campaign with enough soundbites and pivot points to last it for weeks on end: namely, that in August a whopping 698,000 native-born Americans lost their job. This drop was offset by 204,000 foreign-born Americans, who got a job in the month of August. .... since December 2007, according to the Household Survey, only 790,000 native born American jobs have been added. Contrast that with the 2.1 million foreign-born Americans who have found a job over the same time period..." 698K Native-Born Americans Lost Their Job In August: Why This Suddenly Is The Most Important Jobs Chart | Zero Hedge
c. . Obama is the first President never to have had a year of 3% or better economic growth: "... annual growth during Obama’s “recovery” has never topped 3%. By comparison, it never fell below 3% during the Reagan recovery. And in the nine years following the 1990-91 recession, GDP grew faster than 3% in all but two. Heck, even Jimmy Carter had some strong growth years." President Obama's Growth Gap Hits $1.31 Trillion
There will never be a place for Obama in our nation's history books except for a space between James Buchanan and Jimmy Carter.....the 'Failures' chapter.
But, Jeffrey Tucker goes into detail.....and is worth reading- but only for those Obama voters who have the ability to learn.
1. "What was the source of the failure? It was the same at the beginning that it was at the end. Despite his intelligence, erudition, earnestness, and public-relations genius, and the mastery of all the Hollywood-style theatrics of the presidency, Obama’s central problem was his failure to address the driving concern of all of American life: the economic quality of our own lives. Because he didn't have a clue what to do about it.
2. [Obama] was greeted with such enthusiasm and unhinged hope .... a cult-like following had already developed among the intellectual and media elite. It was the dawn of a new age, marked by exuberant anticipation of justice, fairness, equality, peace, and sea-to-shining-sea happiness, all of it predicted as a certainty once you consider the sheer intelligence, erudition, and good intentions of the great man." Why Obama Failed | Jeffrey A. Tucker
a. NBC’s Matt Lauer noted that “people” have called Obama “ ‘The Savior,’ ‘The Messiah,’ ‘The Messenger of Change,’ “ Today Show, NBC, October 20, 2008.
b. "Obama is standing above the country, above the world. He's sort of GOD."
"In a way Obama is standing above the country, above the world. He's sort of GOD. He's going to bring all different sides together."
- Newsweek editor Evan Thomas
3. "Now ... we are seeing the dawning of a new reality: Obama failed. The supposed successes such as the Affordable Care Act have become a handful of dust, and we are left with a huge amount of executive orders and signed legislation that seem destined for repeal.
Eight years in office, and there’s not much to show for it. Economic growth never did take off. Hope and change ended in frustration and fear. The last month of the Obama years has been spent in a frenzy to do something, anything, important to secure his place in history: releasing prisoners, imposing new regulations, putting on the final spin." Fee, Op. Cit.
Let's not forget how his presidency eviscerated the very reasons so many voted for him, leaving us with the worst race relations in half a century.
4. "...he did not end persistent economic stagnation. [Unable to shake off his totalitarian upbringing, he] never understood economics and he had very little appreciation for the power of freedom to create wealth and prosperity.
Faced with the economy’s potential collapse as he took office, Mr. Obama devoted his presidency to the economic recovery, starting with restoring the financial sector. But he never made wage stagnation and ....most Americans struggled financially for the whole of his term." Fee, Ibid.
a. "...take-home pay for many American workers has effectively fallen since the economic recovery began in 2009, according to a new study by an advocacy group that is to be released on Thursday.
The declines were greatest for the lowest-paid workers in sectors where hiring has been strong — home health care, food preparation and retailing — even though wages were already below average to begin with in those service industries.
“Stagnant wages are a problem for everyone at this point, but the imbalance in the economy has become more pronounced since the recession,”..."http://www.nytimes.com/2015/09/03/b...rkers-see-biggest-drop-in-paychecks.html?_r=0
b "....US hourly wages have not only not increased for the past 7 years, but for thevast majority of the labor force continue to decline,.... just the month of August will be enough to provide the Trump - and every other - campaign with enough soundbites and pivot points to last it for weeks on end: namely, that in August a whopping 698,000 native-born Americans lost their job. This drop was offset by 204,000 foreign-born Americans, who got a job in the month of August. .... since December 2007, according to the Household Survey, only 790,000 native born American jobs have been added. Contrast that with the 2.1 million foreign-born Americans who have found a job over the same time period..." 698K Native-Born Americans Lost Their Job In August: Why This Suddenly Is The Most Important Jobs Chart | Zero Hedge
c. . Obama is the first President never to have had a year of 3% or better economic growth: "... annual growth during Obama’s “recovery” has never topped 3%. By comparison, it never fell below 3% during the Reagan recovery. And in the nine years following the 1990-91 recession, GDP grew faster than 3% in all but two. Heck, even Jimmy Carter had some strong growth years." President Obama's Growth Gap Hits $1.31 Trillion
There will never be a place for Obama in our nation's history books except for a space between James Buchanan and Jimmy Carter.....the 'Failures' chapter.