It appears a major part of Barack Obama and his administration's effort to promote his agenda is to create as much confusion as possible in the message. This is particularly true when you review his economic agenda.
- The problems that led to the financial meltdown of 2008 were rooted in too much debt. The solution, we are told, is more debt.
- If we are guilty of generations of wasted money on excessive spending and borrowing, let us pursue more of it as an answer to the problem.
- Are artificially low interest rates cheapening the value of money and creating instability? The simple response to that would be to lower the rates further.
- If the market is not confident because of volatile spending and monetary irresponsibility, create more of both.
- If a company is "too big to fail," force weakened businesses to merge making them large, weak, businesses.
This theme is pervasive through out the Obama government. Economist Hunter Lewis points out in his book "Where Keynes Went Wrong" that the President's first budget, entitled "A New Era of Responsibility" (you have to love the irony) claims that it moves us "from an era of borrow and spend to one where we save and invest," but creates additions to the national debt of approximately $1 trillion a year.
This odd approach to government responsibility is seen in the healthcare debate in which we are told that, in order to reduce government spending we have to have more spending by government for health care. In the same vein we are told by government that we need to artificially increase demand through bailouts in order to boost the economy in general, but that same type of spending on health care will not lead to high prices. This ignores one of the basic tenants of economics that prices are predicated on demand. According to the left there are around 45 million people waiting for "free" health care. Conservative estimates put it at around 15 million. Either way, that will be a huge demand that will result in higher prices.
One does not need to be a conspiracy theorist to be alarmed by the rhetorical tools used by Obama and his staff to promote the President's agenda. The parallels to Orwell's 1984 are eerie, in which the people in that novel were told that "War is Peace," "Freedom is Slavery," "Ignorance is Strength." Unfortunately, our story is not fiction, but real and in this "newspeak" world we are told that debt equals fiscal responsibility. George Orwell's warnings have, sadly, fallen on deaf ears.
Comments
Good article. We are now moving from 1984 to Animal Farm, where the Obam-ites think they are a little more equal than the rest of us.
I'm assuming you found Dubya equally disturbing right?
Oh and Howard, what the hell are you talking about?
This administration has told us they fixed the economy (many times) so that means we no longer need to spend the $732 billion of the “stimulus” package that has not been released yet? I mean if the 6 or 7 percent that actually went out to great projects like CLUNKERS fixed the problems it would be un-necessary to spend the remaining 93%. I mean it would be irresponsible even detrimental to spend 732 BILLION DOLLARS toward nothing more than adding debt! It would be against the best interest of America to waste this money wouldn’t it.
Damn it's gonna suck when you realize he saved you guys from destruction and moved you towards better regulation.
Eat the rich!
...about rhetoric... it seems we have gone from a dyslexic parrot, George Bush, to a Political Nightingale Barak Obama...
This administration has told us they fixed the economy (many times) so that means we no longer need to spend the $732 billion of the “stimulus” package that has not been released yet? I mean if the 6 or 7 percent that actually went out to great projects like CLUNKERS fixed the problems it would be un-necessary to spend the remaining 93%. I mean it would be irresponsible even detrimental to spend 732 BILLION DOLLARS toward nothing more than adding debt! It would be against the best interest of America to waste this money wouldn’t it.
I consistently see one side (the right side) commenting with facts, stats, and numbers and I see another point of view that that brings intelligent arguments like: "It's gonna suck when you realize" or "your mama" "your a racist" "You hate mongers" you know fact filled, poignant counterpoints. You can be an idealist (it is an admirable goal) but you can’t make idealism fit the corrupt realities of our world. Look up Jeffrey Immelt; CEO of G.E. and Obama’s “board of economic recovery advisor”. G.E. owns healthcare, utilities, solar power, and the Media, NBC-MSNBC-CNBC-CNN, and a myriad of everyday products and services. Why does FOX news show such different news stories? G.E. has trillions of dollars to gain by the legislation that is being pushed upon us and they will only show the “news” that brings Obama in a positive light! Just look it up on Wikipedia…
Kevin, really enjoyed the article. I hope that before too long the majority of Americans will wake up and realize that both parties are guilty of creating this mess and that if we are to avoid another we need to take a serious look at our monetary policy and the Federal Reserve System.
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