By: Wayne Brown
President Obama claims that he has “righted the ship” and America is on the road to recovery. Well then, let’s all light up a nice cigar and celebrate! Roughly 66% of the American people do not buy it according to pollsters. This becomes the launch platform for his plea for another term in office as president. Over and over he has stated that the damage was too complex and too deep for any president to overcome in one or multiple terms in office. In essence, he is saying I have done so much yet I still have not done enough and I will do more if you return me to office. For some, including myself, that is my greatest fear at the moment.
Obama had a Democrat dominated Congress, the House and the Senate, for one year before he entered office (mid-term elections 2006) and for two years after he took office yet he could not do enough. That might be due in part to the large amount of time spent narrowly focused on creating his “future legacy” in the healthcare industry for America. It seems that was a far more pressing issue that a totally stalled economy shaking on it weak financial foundation. Could it also be that the urgency lie in the fact that Obama and the Democrats knew that was the only opportunity to push such a load of hogwash on to the American people? I think so.
If the numbers serve me correctly I believe the employment number being thrown around at the time that Obama was wishing upon a star for his “stimulus package” was in the 15 million worker range. Congress, through the overwhelming kindness of the Democrats, handed the president over $880 billion dollars to initiate a recovery process in the economy and stabilize the financial base. Needless to say, a goodly portion of the financial sector went down the drain while the president propped up companies like GM and Chrysler not so much to save jobs but as pay back for the loyal support of his union buddies in the United Auto Workers. Both companies are still here but is there any indication they are better and stronger as a result of the bail-out or are they still just two union-gutted companies trembling in fear of the next financial downturn?
So Obama spreads the better part of a $100 billion dollars into the auto industry to include foreign investments which for some reason that evades me seems to have nothing to do with job creation in America. Then he throws billions more into “green industry” loan guarantees which on far-fetched and ill-thought projects that did not even get off the ground before the companies were declaring bankruptcy. But, they did last long enough to at least get their hands on the money…amazing! Now this just worked wonders for the job market here in America and no doubt had a very large effect on why the “stimulus” was just not enough…”we should have done more!”
If Obama had any faith in the American system, the private sector, and the American individual other than to say that he views all of them as one of “suckers born every minute”, he might have taken a much different route with his stimulus money. It does not take a genius to figure out that money designated to stimulate the economy should go directly into the economy (i.e. consumer spending) if it is to have its maximum effect. On that basis, the $800+ billion dollar stimulus would have been much more effective if it had been divided up equally among the 15 million people who were out of work at the time. The vast majority of them would have immediately set out spending that free money from the government. When one divides up $880 billion dollars to 15 million people, each one gets just over $58,600 in their pocket. Amazing huh? It is so easy to say, “Oh, we only spent $880 billion dollars, we should have done more,” yet that amount of money puts more than a year’s median income into the pockets of 15 million people. How much is enough, folks? The key here is to understand that far too much of that $880 billion dollars was like a rain cloud passing over us but we never saw a drop of rain…the conditions just were not right…but now the money is gone and more is needed if we are move forward. Remember, we cannot go back to those ugly days prior to 2007 according to this president.
There is an obvious reason why our economy remains stalled and actually slowing even more as we approach this election. The private sector has no faith in this administration, is put off by the level of intense regulation and the growth in that area with each passing day, is waiting with both hands on the checkbook to see how the election goes knowing full well that if Obama garners another term in office, the leash in off the dog in terms of taxation and, for that matter, spending. Businesses are holding on to capital every way they can knowing that the banking industry is so handcuffed by this administration that help will not be available if they become cash poor. That translates to a shrinking workforce, to outsourcing rather than domestic growth in the industry base, and a generally uncertain future for the business world. Business in America looks toward a five-year horizon in terms of planning and spending. That horizon, at the present, with this administration in charge, looks very bleak. That, in a nutshell, is the root of the problem and it is not going away as long as this president is in office.
Obama has humbly stated that one of his greatest failures lies in his neglect for inspiring the average American. In hindsight, he now sees that he should have nurtured dreams and inspirations for these poor masses and let them know that the sun will always come up tomorrow. On that basis, he needs another term so that he can do it right by the American people…give them the hopes, the dreams, the courage to prevail in these hard times like a real leader would if he were a real leader. Remember, this is the man of “hope and change”; the man who promised the mass of Americans that he would bring a fundamental transformation to this country. Sadly, most of those folks thought that meant something good. After almost four years of this administration, we now see that is not the case. The actions of this administration have nothing to do with the interest of the American people in terms of dreams and aspirations. It has nothing to do with the success and growth of business in the private sector, and it has nothing to do with the betterment of America in terms of improving our financial strength, reining in our spending, and generally getting our house in order. But it has everything to do with regulation, government expansion, depletion of the military, out of control record-setting spending, and the accumulation of unbelievable levels of national debt.
Here is an incumbent president asking for another term in office who is still hiding behind the phrase, “My Plan”. The truth of the matter is that his plan has no details in it. It is an empty cigar box that he holds up in the air to the American people and continues to make promises based on the magic that is inside. You’ll never see what is in the box, you can count on that. When someone has a plan, they can relate it to those who need to follow with great detail. They can stand toe to toe and argue the merits off it instead of yelling out phrases like, “We can’t go back; I won’t go back!” Is it not amazing that we sit here today with almost the same level of unemployment that we started with when Obama took office and he is still championing his plan for recovery on the basis of the fear of going back to where we were when he took over? It’s time to wake up America! This bad dream needs to be over and soon.
Obama’s campaign for a second term in office is rooted in betting there are more “have-nots” than “haves” in America. The process must match these two groups to each other head to head. On one side there are upper class and wealthy individuals along with a large portion of the middle-class wage earners in this country making up the “haves”. On the other side are those who feel that someone on the other side of the line deprived them of something in life otherwise they too would be a “have”. Obama plays to that envy and sets it to boiling suggesting that he will punish these people if only he is left in power long enough to do so. This is not about leadership or uniting Americans as a country to move forward. This is about division and the tearing down of America from the inside to the outside. One only needs to stop and think, “What happens when we get rid of the wealthy and the middle class taxpayers”…where does the money come from then? Obama is not worried about that because his ability to spend money has nothing to do with the “availability” of it…just put it on the credit card. By the way, you get the bill.
The promise of a better life in America has always been rooted in one place and one place only. That is in the heart of the individual who desires it. For some, it is an education; for others, a better paying job and a better life for their family. We all have dreams and aspirations but we have to be the ones who implement those aspirations and dreams in order to turn them to realities. It will not come from anything this president will do for you. One thing is for sure…it will require hard work, determination, focus, and a true desire to stay the course until the goal is reached. For far too many in this country, that is what is lacking right now. For those who have never attempted it; to own and operate a successful business appears easy but the truth of the matter is that it is very difficult and requires every ounce of energy those who succeed at it can muster to stay ahead of the curve. For most decent business folks, taking care of their employees ranks high on the scale and not being able to grow a business stifles the ability to give the employee that extra money in the pay envelope. Sadly, that is where we are today in far too many businesses in America.
We all have to think for ourselves and we all have to question what we are told. Are you really better off today than you were 4 to 6 years ago? Would it be so bad if you had to go back there again? We must all answer that for ourselves and at the same time we have to be honest with ourselves in our conclusion. Which is it at the present…is it the bird in the hand or the two in the bush? It is far past time for “My Plan” to be revealed to the American public. Then, we can make our own decisions about it. Until that happens, you are just looking at an empty cigar box in the hands of a man who wants you to believe that he knows what he is doing. In fact, he is counting on it to the tune of four more years of what he has already handed us out of that box. I, for one, believe it is time to change course and get back to the focus of making America a platform for business and jobs…the rest will follow.
©Copyright WBrown2012. All Rights Reserved.
24 July 2012