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.
