Thursday, July 25, 2013

Some are Wise and Some are Otherwise. Obama hasn't learned a thing.

“As a country, we’re older and we’re wiser,” President Obama declared in a speech in Galesburg, Illinois.  He’s certainly older.  But on the basis of this speech bristling with tired ideas he’s trotted out time and time again, Obama himself is anything but wiser.    

A quick read turns up false and misleading claims, pious promises, and statements that mean nothing.  “I will engage the American people in this debate” over America’s future, he said.  Not with this boring, forgettable speech, he won’t.  Somebody at the White House needs to tell truth to power:  Mr. Obama, no one takes your speeches seriously any more.

He says he’s “challenging CEOs…to hire more Americans.”  By boosting their cost of doing business by imposing Obamacare?  Thanks to the president, CEOs are hiring more…more part-time workers, that is.
“I care about one thing and one thing only, and that’s how to use every minute of the 1,276 days remaining in my term to make this country work for working Americans again,” he said.  This begs the question: What have you been doing for the past four-and-one-half years?

In the dubious claims department, Obama laid it on thick.  “We now produce more natural gas than any country on Earth,” he said.  True, but this has occurred despite the dead hand of Obama’s regulators.  “We have tough new rules on big banks,” he said.  But the big banks are bigger than ever and still too big to fail.

There’s “a new foundation for stronger, more durable economic growth,” Obama went on.  But who thinks this will be case once the Federal Reserve stops pumping $85 billion into the economy each month?  

Only a few dreamers.