Dear Friends,
It seems to me that The Obama administration makes my arguments better than I ever could. They prove over and over the validity of my assertions. For that I love this administration. I fear the result of their policies, on myself and posterity, but if you take the long view of history, as I do, then you have to appreciate a teaching moment.
Economics;
First they passed huge amounts of government spending and called it “stimulus.” Now even the blind can see that the “stimulus” failed. Perhaps catastrophically. The argument for it now is, “well, it would have been much worse if we hadn’t done it.”
If that were the case, what they are really saying is, that no economic policy could have alleviated the economic problems we are now in. No mastermind could have charted a better course than the one we took. It is a predicate of their argument. Because if any other policy was taken, it is not physically possible for it to have worked better… else the argument falls apart. That cannot be known so the argument is unacceptable. (Circular reasoning).
Now the administration has another stimulus on the table. They are not calling it “stimulus” because calling it stimulus II would be admitting stimulus I had failed. It contains many things that should have been in any package to actually stimulate the economy. Tax cuts for small business for, expansion, research, etc… Productive uses of capital.
But Republicans are loathe to vote for it because they are wary of actually fixing the economy before the election. They want to wait and pass these things under their watch and take credit for the economic expansion that results. Plus they want to be the ones to pass it so their backers can get the pork benefits not the democrat’s backers. (Who are already pretty fat with trillions of dollars of “stimulus” that will come from our grand children‘s paychecks).
The thing is, no one is pointing out that the new policies are tacit admittance by the Obama administration that a balanced, pro business – pro consumer protection, is pro growth. Consumers must be protected else they will not buy and the economy locks up. Business must not be milked like a cash cow else jobs will evaporate. It is unfortunate but true. When government screws consumers and milks business economies collapse. – Proving one of the major contentions of the International Capitalist Party.
Foreign Policy;
History may forget the giant missed opportunity that was the botched Iranian elections. Obama, in typical progressive fashion, backed the tyrant and the tyrant stayed in office. No matter that the devil defeated was probably no better than the one in power… but the people’s will would have been manifested. Instead, the world is facing an illegitimately elected tyrant, backed by a zealot, with access to nuclear weapons… No way that could go wrong. Maybe radioactive air will be good for our grandchildren to breath. The policies of this, and other, administrations ensure that they will.
Pulling the missile shield from Poland and Ukraine seems pretty stupid now. With the tyrant of Iran wielding nuclear weapons in a few short years. He will be able to hold the world hostage. After all, really, who will retaliate when the little Ego nukes Israel? When the little Ego will can simply nuke an offender? No missile shield means no missile shield. No way to stop an incoming Iranian nuclear missile. Putting all of Europe in the threat range of Iran’s long range nuclear missiles. (That will be coming online about the same time as Iran has several nukes operational).
North Korea is not of Obama’s making. It is true that the policies that Obama called for would have put the deranged tyrant of North Korea in a much better position… But Obama was not in power…
He is now though. With the Dear Leader facing his reward he is passing the baton of tyranny to his son. Who almost certainly will be no better than his father. In part due to the infrastructure a tyrant needs to build around himself. Like Bashir Al Assad, the son will step into his father’s shoes, and trod his father’s path.
History will record the blunders of this Administration for posterity. The world will recover from the nuclear war. The economy will eventually recover and history will show the philosophy of today’s romantic anti capitalist for the fallacy it is.
Hopefully the lesson will be learned… this time…
