Views on the News, Mar. 24, 2012
America has NOT been prospering for the last four years during which Barack Obama has been President, and everyone knows it. The U.S. sovereign debt rating was downgraded for the first time while he occupied the Oval Office. Federal spending (25% of GDP) is the highest since World War Two. Federal debt (67% of GDP) is the highest since just after the end of World War Two, and the nation has experienced, not only the longest recession, but the highest unemployment since the 1930s. In the first nineteen months of his time in office, Obama added more federal debt than was amassed by all U.S. Presidents from George Washington to Ronald Reagan. Obama’s Achilles’ heel is, of course, ObamaCare. Recent polls indicate that 53% of Americans favor repeal and more than half (57%) say that the Supreme Court should strike it down as unconstitutional. Fully 60% of physicians believe the law will have a negative impact on overall patient care. The Congressional Budget Office revisited ObamaCare this past week and concluded that 20 million Americans could lose their employer-sponsored health benefits and 49 million more Americans could become dependent on government-sponsored health care. Projecting through 2022, ObamaCare could cost as much as $2.134 billion and the employer-mandate penalties could hit $221 billion. While Obama’s 2012 campaign is already showing signs of stress, other issues will impose great pressure. Unemployment affects most American families either directly or because some member of the family or a friend is unemployed, and even the unemployed vote! The price of gasoline continues to rise and there is nothing the White House can do to reduce it. Americans are well aware that this administration has opposed or thwarted every effort to drill for more oil on federal lands. The failures of “green energy” companies that have cost Americans billions in loan guarantees are well known. A President who hypes “algae” as an energy solution will be seen as a fool and/or a complete charlatan. A conservative campaign message will win in 2012 and this explains why the Republican primaries are all about candidates striving to describe themselves as a “true conservative.” Even the mainstream media show indications of less Obama support. Obama will definitely lose in November and it may be a very close election or it may be an overwhelming rejection, but the polling numbers and the state of the economy will be the deciding factors. (“Why Obama Will Lose in November” by Alan Caruba dated March 18, 2012 published by Canada Free Press)
To read more click: Views on the News, Mar. 24, 2012
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