Following the President Obama’s second inaugural address, last night FOX’s Bill O’Reilly of “The Factor” joined the “Obama is destroying the country” club and said that Obama’s policies will destroy America’s wealth. In his speech, Obama made no promises to reform his massive deficit spending as he did during the campaign, but promised to push his agenda harder. O’Reilly said that Obama believes the Republican Party promotes “white privilege” and wants to punish achievers and redistribute their wealth.
O’Reilly spoke with Bob Woodward who recently said that Obama’s agenda will “burn the country down.” Woodward would not go so far as to agree with O’Reilly’s assessment of Obama’s agenda, but said that Obama made an “odd speech” and that Obama “just threw out things, there’s no coherent plan.” O’Reilly questioned Woodward to explain how America could flip 180 degrees from loving Reaganism, whose policy was to reduce the power of government and enable the people and entrepreneurs to prosper through lower taxes, to loving Obamanism, whose policy is to increase the power of government and raise taxes. Woodward refused to answer.
Historian Jon Meacham answered the question in the next segment telling how FDR said, “president’s become great because they come to power when ideas in the life of the nation require clarification and they offer that clarification.” He said that Ronald Reagan’s rise to greatness was due to his belief that free markets create prosperity through lower taxes and not government. Reagan’s answer to the Democrat’s New Deal and the Great Society that saw high taxes and spending keeping economic growth depressed was to unleash the American entrepreneur. The rapid rise of America’s economy from 1980 to 2000 is the era that President Obama blames for today’s recession and anemic economic growth, along with blames the wars, natural disasters, and spending under Bush 43. Obama said that “trickle-down economics” didn’t work, that the rich got richer and the poor got poorer. He attributes Democrat policies of massive deficit spending and higher taxes with “saving” America.
Obama doubles the National Debt, demands more spending, more taxes
O’Reilly and Bernie Goldberg compared the people’s adoration and liberal media’s love of Obama and Democrat policies that are driving America towards fiscal catastrophe to the German people’s love of Hitler and his National Socialist Party in the 1930s as he drove them to their destruction.