Obama Has Failed Because His Policies Succeeded

Obama's economic plans for America, as propounded on the 2008 campaign trail, were to bring wealth down instead of build it up. On this point he has succeeded, and his presidency is a failure because of it.

Republican VP candidate Paul Ryan spoke to this on Friday, when he declared, "The Obama economic agenda failed not because it was stopped, but because it was passed." In other words, Obama's goal from the start was to level the playing field, not by bringing lower incomes and standards of living up but by bringing higher incomes and the accumulation of wealth down. 

Rush Limbaugh saw this coming before most, and spoke to it on January 16, 2009 by saying, "I hope he fails." And although Limbaugh faced intense criticism for saying it, his point was spot on. He knew that Obama's policies would spell our demise if successfully implemented.

Just look at Limbaugh's statement from the perspective of today, September 2012. We've had 43 straight months of unemployment above 8%, gas prices have risen more than 100%, national debt has exceeded $16 trillion-plus, and the average family's net worth has fallen 40%

As Limbaugh predicted, and as Ryan now so clearly states, these things are not the result of Obama's policies failing but of Obama's policies succeeding. 

Our country simply cannot survive four more years of Obama's success.  


Comments

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The past several months have seen the price of gold slump even as the Fed and other central banks have accelerated their massive expansion of paper money. Gold is off about 20% so far this year with silver down almost 30%. The old adage--“don’t fight the Fed”--particularly comes to mind now because the US equity markets have been setting new highs during this same period. All of these gains are nominal, you understand, but for terrified American policy makers and investors, nominal is just fine.

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