To The Daily Sun,
We are drawing to the close of year seven for Barack Obama's presidency. The nation is fractured along ideological lines. The electorate is divided and divisive as any time in modern history. Tens of millions of Americans are anxious, tired or angry — sually all three. These feelings have blown the political doors wide open for Donald Trump and Bernie Sanders trying to monopolize on the pent-up frustration ignited by Obama's failures. The old joke used to be the fear was government was on its way to "help" you. The new joke, government at the minimum is on it's way to "screw you." How could voters believe anything else. Only the wealthiest among us have seen their fortunes rise during the Obama presidency despite his tireless, empty rhetoric promising to improve economic opportunity for the masses.
Recent polls suggest only 14 percent of Americans believe their children will have a better life than they have had. That is the lowest reading ever taken. We are one of the few countries that reflect such deep despair for our future. The people of China and India expect the exact opposite for their children. Depression has indeed set itself in concrete during the Obama years. The economy barely slugs along while the federal reserve has kept interest rates at zero for fear the economy wasn't strong enough to increase rates. The Obama recovery has been the slowest since 1945. The vast majority of jobs created have been low-paying jobs, part time in sectors notorious for low incomes. Productivity improvements that lead to better living standards for all have been non existent. New investment has dried up, banks won't lend, especially to small, risky business. New business start ups are at decade lows in the constant back drop of Obama demonizing businesses of every type as he creates mountains of new regulations that cost hundreds of billions in added expense on them and consumers, all while refusing to reform the tax code which is driving our biggest and best companies to the arms of other countries. Pfizer is just the latest American gold nugget to announce a tie up with a foreign country in order to escape our draconian tax rate that prevents them from competing long term in global markets. Barack Obama knows exactly what the problems are. He simply refuses to fix them for fear any fix might get politically out-of-hand, costing Democrats the election. This leaves the average American on Main street "hung out to dry." And "hung out to dry" they surely have been. If what I say is wrong, why is Hillary Clinton's biggest promise to rescue the falling fortunes of hundreds of millions in the middle class? Obama talked a lot, but that is all he did. If Obama, one of the biggest liberals of all time, refused to do it, why the hell would any one think Hillary will, or has the vaguest idea how.
Fifty-nine percent of Democrats say they want Hillary to emulate the presidency of Obama. Is that not insanity given where this nation has withered to both economically, socially and militarily over the past seven years. Who in their right mind wants the rich getting richer as more government programs go broke as they have under Obama while the national debt keeps ringing all-time-high bells. The Federal Reserve, through bond buying and other liquidity measures, has injected 23 TRILLION DOLLARS into the economy to stimulate it, but it still barely breathes while Obama's "no cost interest rates" has made millionaires into billionaires through stock by-backs with FREE MONEY.
Barack Obama has spent his entire presidency vilifying the private sector, banks insurers, utilities, and health care to name a few while he has continually mocked institutions he does not control like the Supreme Court, Congress and the Seanate. Almost all his condescension came to cheering crowds of hard-core Democrats. It should surprise no one that Donald and Bernie's are finding success in exploiting and expanding the incredible loss of public faith in this country over the past seven years.
I end with this question. When did one of the most politically-connected, scandal-ridden, Wall Street-centric multi millionaires all of a suddenly become in touch with the plight of the less fortunate and the middle class?
- Category: Letters
- Hits: 269