Dear Friends,
It seems to me, among the fictions in Obama’s state of the union address last night, two rise above the rest for their utter absurdity, the 8 million jobs number and his foreign policy successes. Obama is a politician not known for telling the truth, or even a twisted version of the truth, but last night he was in rare form. Most Presidents will massage their records to make themselves look better than they are, that is human nature, but Obama has the advantage of being a psychopath allowing him to lie without remorse. Our economy has seen the worst recovery after a deep recession under his stewardship than any previous President. Obama’s foreign policy catastrophes have been as epic as they have been calamities for humanity. On these two points alone he will go down in history as the most corrupt and inept President in American history. I pray that no one ever comes along who is worse.
When Obama came into office he inherited a deep recession. While most might think that would be a burden it is actually a blessing to an incoming President. The years directly after a deep recession always, (except for this last one) have a rebound effect on the economy. The depth of the recession is typically reflected in the height of the recovery. That is because recessions clear out the way for new innovators to create. Also most Presidents will turn their attention to economic recovery after a recession. Both of which lead to fast economic growth. Obama on the other hand instead of focusing on the economy honed in on destroying the health care sector.
Obama care has led to the destruction of full time employment. The incentives are so pernicious that any marginally profitable company must hire two or three workers, to do the work of one, else run afoul of Obama care’s negative incentives. The list is legion but a few highlights are, companies with more the 50 employees must provide Obama care, any worker with more the 38 hours must get health care, along with thousands of pages of regulations that drive up the cost to astronomical levels. These facts cannot be argued they are obvious for anyone to see. The economic results, despite record low interest rates set by the Federal Reserve, for record time and still, 7 years into the “recovery,” are at absurdly low levels, has been one of bubble fueled misallocation of assets. Evidenced by the fact that 2016 has had the worst start to a new year ever on Wall Street.
What Obama care has done to our economy has resulted in the US becoming a part time work country. Most of the new jobs have gone to immigrants and men are virtually locked out of the workforce. That is why while so many new jobs have been “created,” the labor participation rate, the real unemployment rate, has skyrocketed. Dollar General pays very low wages and only hires part time workers. Instead of hiring three or four full time dedicated workers, (which under normal circumstances would be more efficient), that company hires dozens of part time workers for only a few hours a week, (due to pernicious incentives set by government policies), to avoid Obama care’s ridiculous costs. That is how warped the economic incentives are to businesses under Obama. Of course there are millions of jobs created, and all due to government action… everyone is working part time jobs! By any measure that is not good for workers, the economy or businesses.
Obama’s foreign policy record is even worse however. When Obama came into office the war in Iraq was won, Libya had given up it’s weapons of mass destruction, the Middle East was settling back down, Iran’s nuclear program was contained and Russia was becoming a trading partner. Obama snatched defeat from the jaws of victory in Iraq. Obama’s best friend on the world stage, Erdogan in Turkey, has brought the US and Europe onto a war footing with Russia which could result in a nuclear exchange. Today Russia is active in the Middle East for the first time in decades, our allies there don’t trust us and he has made the US the laughing stock of the world.
Because of Obama’s policies, the Middle East exploded in the Arab spring, which Obama likened to the Islamic golden age. He supported the rise of the malignancy, the Muslim Brotherhood, the cancer that gave rise to every Islamic terrorist organization on the planet, in Egypt. Amazingly, his support led to widespread organized tyranny that was overthrown by the military, saving the Christians in Egypt from certain extermination. Of course Obama’s support of the Arab Spring has resulted in bloodshed on a massive scale, the rise of the Islamic state and genocide of Christians and Yazidis, the spread of terrorism around the world, an invasion of Muslims into Europe and the military and economic destabilization of the world. The only place Obama didn’t support the Arab Spring was in Iran. Under Obama’s watch the world has caught fire and in response Obama is dousing it with kerosene.
As Obama gave his psychotic speech last night 10 of our Navy personnel were in Iranian captivity. They have been released but the Navy ships remain in Iran. Obama has bent over backwards to sidle up to the psychopaths that run that Islamic republic. His “treaty” that is not a treaty, must lead to a nuclear armed Iran. Even the slowest among us knows a nuclear armed Iran will inevitably lead to a nuclear exchange, either with the US, Israel or Saudi Arabia. Obama has guaranteed us a nuclear war on the planet in our lifetimes. His foreign policy has made the world exponentially a more dangerous place.
The real villain last night however wasn’t Obama, but the fawning press that has hidden his failures, lifted him up and covered for his corruption, allowing him to get away with his psychotic lies. Even as they praise Obama’s crocodile tears while he goes after the Constitution they attack those who believe in liberty. Obama is a psychopath, but he couldn’t have achieved the destabilization of the Middle East, nuclear arming Iran, destroying our economy, and spreading terrorism around the world, without their willing help. Obama told them their job was to cover for him and they have taken up that yoke with glee. They fall all over themselves to cheer him on as he upends the world and when the chickens come home to roost they will claim they had nothing to do with it. But we know better.
Sincerely,
John Pepin
