Tuesday, October 18, 2011

Brit Nile Gardiner of the UK Telegraph Knows a Train Wreck When He Sees One: the Impressive Failure of the Obama Presidency

Ah, it's good to know there are Brits out there with brains.  Nile Gardiner of the UK Telegraph has a neat and accurate summary of Obama's presidency in this article:  Barack Obama's Disastrous First 1,000 Days.

Yes, Gardiner knows a train wreck when he sees one.  He writes:
Since taking office in January 2009, President Obama has ushered in a period of relentless economic decline for the United States. His administration has added $4.2 trillion to the national debt (now standing at $14.9 trillion), lost 2.2 million jobs, introduced a vastly expensive health-care albatross, and spent nearly $800 billion on a failed stimulus package. At the same time, house prices across the country have tumbled at an unprecedented rate, consumer confidence has plummeted, and millions more Americans are now dependent upon food stamps. International confidence in the US economy has fallen to its lowest levels in decades, with credit agency Standard and Poor’s downgrading of America’s AAA credit rating for the first time in 70 years in August this year.
Well, yes, all that is true, but it might possibly be reversed:
As Barack Obama approaches the remaining 14 months of his presidency, there is a distinct air of US decline. It is of course a state of decline that can be reversed with the right policies and leadership in place. There is nothing inevitable about the demise of the United States, but its renewal must rest upon a dramatic reversal of the most Left-wing agenda of any American presidency since 1979.
 Read the whole article here.  It's worth your time, though it won't tell you much that you didn't already know. Barack Obama is exactly what we said he would be, before he was elected and before he took office:  a naive, rigidly ideological leftist with no leadership experience whose sophomoric leftwing policies would destroy both prosperity and freedom.  It wasn't a difficult prediction to make:  these disastrous socialist policies have been tried many times before, always with the same terrible result.


LibertyAtStake said...

Yes, a very impressive train wreck indeed. Almost as if it were on purpose, or something.

“Because the Only Good Progressive is a Failed Progressive”

Ema Nymton said...


"The truth is that this President has done a good job in what has been one of the most difficult periods of modern history. He saved the economy from ruin (until the Tea Party took over Congress) with a stimulus that was as large as possible given the political realities, presided over a stock market that fairly quickly recouped many of its losses, presided over almost consecutive monthly increases in private sector job growth (unfortunately balanced by monthly decreases in public sector jobs which I attribute to the GOP further starving government), enacted the only meaningful healthcare reform ever in our history, passed financial reform (no matter what the Left says, he did this), saved the auto industry (which Romney is on record opposing), fired the first salvo of the Arab Spring with his address in Cairo no less, drawn down our footprint in Iraq in a responsible way (and headed toward almost total withdrawal), stopped numerous terrorist attacks in this country, stopped torture as policy, repealed DADT, joined the international community in a measured and responsible way to bring down an odious tyrant in Qaddafi, and killed a whole generation of al Qaeda leaders. And taking out Osama bin Laden the way he did will go down as one of the bravest military actions in American history."

Ema Nymton

Stogie said...

Nice piece of propaganda, Ema. Yawn.