Obama's War on the Economy

He may not be following through on his campaign promises about Afghanistan, but if you look back on his 2-3 years of campaigning for the presidency, his war on the economy is going well. Just look at the September job figures. Some of you aren't old enough to remember the transition from the Carter economy to the Reagan economy. The press really lambasted Reagan for not pulling us out sooner with his tax cuts from the disastrous Carter years (Carter can't be blamed, however, for the millions of women who rushed into the workforce in the 70s). Even when the economy recovered, they were critical of Reagan. For Obama, it's just warm fuzzies, and happy reporting on the jobs that haven't been lost. That's also why they are so careful to say the economy is the "worst in 26 years" because that makes it 1983 rather than 1980 or 81. And Obama just continues to blame Bush--for everything--Burris (D-IL) even blamed Bush for Chicago losing out to Rio, rather than acknowledging that Obama's constant denigration of the U.S. plays well in Europe even if his narcissism doesn't.

And most of us don't remember the Great Depression, but if you're my age, you certainly heard your parents talk about it. Obama's using FDR's playbook (with Saul Alinsky updates and Rahm Emanuel's advice for using a crisis to your advantage).

". . . during the Great Depression, the Statists successfully launched a counterrevolution that radically and fundamentally altered the nature of American society. President Franklin Roosevelt and an overwhelmingly Democratic congress, through an array of federal projects, entitlements, taxes, and regulations known as the New Deal, breached the Constitution's firewalls." In those days, Roosevelt used the Supreme Court (first packed it, then replaced retirees with those who believed as he did) to limit the freedom of Americans, as administrative agencies were created "at a dizzying pace, increasing [the government's] control over economic activity and, hence, individual liberty.

[the federal government] used taxation not merely to fund constitutionally legitimate governmental activities, but also to redistribute wealth, finance welfare programs, set prices and production limits, create huge public works programs, and establish pension and unemployment programs. Roosevelt used his new power to expand political alliances and create electoral constituencies--unions, farmers, senior citizens, and ethnic groups. From this era forward, the Democratic Party and the federal government would become inextricably intertwined, and the Democratic Party would become as dependent on federal power for its sustenance as the governmental dependents it would create. . . Ironically, industrial expansion resulting from WWII eventually ended the Great Depression, not the New Deal." (Mark R. Levin, Liberty and tyranny, Threshold Editions, 2009, pp. 6-7)

So if FDR is any model, don't expect recovery to the levels of the Bush years anytime soon. We're already in a war, so that won't help the economy; we now have a government "packed" with regulatory czars which has further diminished the power of the courts and Congress; we already know the stimulus package (ARRA) hasn't done a thing; plus people of my generation and younger, have been raised to wait for the government to do something, an attitude our parents and grandparents didn't have. Even the seniors objecting to the healthcare take-over and showing up at tea parties don't seem to grasp what Medicare is--only that even with all the fraud, graft and waste, it seems to be working for them.

During the last 30 years the government has "out-sourced" billions to non-profits and private "partnerships" rather than appear as it really is . . . bloated. . . and increasingly, non-profit is just another word for Democrat. The ACORN mortgage agencies (variety of names) "help" is a perfect example--they put the people into the mortgages with government help, and now are running the foreclosure workshops with government grants to help them refinance. Sweet deal.

This will be his most successful war.