Obama’s Financial Failure

Apr 08

Democracy and Power 105: The Politician seeks power

The desire to rule is the mother of heresies. – St. John Chrysostom

In America, a politician intentionally selects to enter politics.   He or she seeks power in the name of the public good, but predominately they seek power.  When a person enters Congress or the Presidency, they seek and use the coercive power of government.

Obama’s Financial Failure

 

Peter Wehner in Commentary recognizes President Obama was a minor contributor to the dangerous financial mess facing America upon becoming President.  Most of the mess was created by Republican and Democrat politicians over many years.

Tragically, upon taking office President Obama ignored the debt and deficit crisis, and pursued his agenda of creating a middle class welfare state.

Wehner writes:

At the moment when history demanded one thing of Mr. Obama, he did another.

What the president should have done, in the wake of market collapse, was to create his own Nixon-to-China moment: trimming and reforming our middle-class-welfare state. It is the type of thing that a Democratic president and a Democratic Congress have much greater latitude to do than a Republican president and a Republican Congress. Instead, Obama used this moment to create a new middle-class entitlement, ObamaCare, at precisely the moment when our other ones are falling into bankruptcy.

Dangerous, President Obama has an agenda to remake America and the World.  Obama believes government elites can plan and mold better citizens and a more beneficial society.  Utilizing his power, he created a gigantic health insurance entitlement.  Worse, he dangerously accelerated the deficit and debt crisis.  Wehner writes:

 

….  He not only missed history’s calling, he mocked it. He placed his own statist ambitions above the needs of the nation he was elected to serve.

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