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The Obama administration is bracing itself for more bad news this week with the release of stunning census figures which are projected to show the biggest increase in poverty in the United States since the 1960s...
The new figures are an indictment of President Obama’s handling of the economy,...unemployment continues to rise towards 10 percent, and the housing market remains on a downward trajectory.
Added to this grim picture is a spiraling budget deficit which threatens America’s long-term economic prosperity. As I’ve noted before, the United States is drowning under a mountain of debt,...
Under the Obama White House, economic decline, feckless borrowing and towering debts, which will rise dramatically further if hugely expensive health care reforms are implemented, are combined with a flawed foreign policy and national security strategy which is leaving America weaker on the world stage and more vulnerable to attack.
From its decision to scrap Third Site missile defences in eastern and central Europe, to its failed policy of engagement with Iran and its timetable for withdrawal from Afghanistan, the Obama presidency is projecting dangerous weakness and compromise in the face of its enemies.
Ultimately, President Obama’s legacy to America will be the decline of a great superpower, weighed down by crushing debts and massive entitlement programs, and facing an emboldened set of adversaries, from Moscow to Tehran to Pyongyang. The damage inflicted by the Obama administration will ultimately be worse than the harm caused by the presidency of Jimmy Carter due to the scale of the long-term economic crisis now facing America.
Can this be reversed? Yes, but it will require a Herculean effort by a US president on the level of a Ronald Reagan, as well as a United States Congress that is willing to implement the free market measures and public cuts that will be needed to revive America’s economy as well as confront the budget deficit, and restore Washington’s standing abroad.
The United States needs strong leadership based upon its founding principles of limited government and individual liberty, and driven by a sense of American greatness and exceptionalism. Nothing short of a political revolution of the kind that swept both sides of the Atlantic in 1979 and 1980 is needed to secure America’s future and ensure it is able to lead the free world for the next century.
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