The Trainwreck that is Obamanomics

The Economy is off the rails

American capitalism is the engine room of the global economy. Sadly, the guy in the engine room doesn’t know how the machine works. All he knows is how to toot his own horn. This is the real difficulty of the next four years if President Obama wins another term.

What should worry you is that Romney and Ryan are making little headway in the polls. Obama has the advantage of being the incumbent. George W. Bush had the same advantage, and in spite of negative perceptions abroad and demonization in the media at home, he still won in 2004. Obama has a lot less against him.

Romney needs to focus on the economic issues, not get himself embroiled and lost in skirmishes on foreign policy issues. He needs to do two things. First, he needs to clearly spell out the trajectory four more years of Obamanomics will take us through.

Spell it out:

Step by step.

Failure by failure.

Cent by cent.

The Fraser Institute in Vancouver points out that Canada is more economically free than America. Where is America? Between Qatar and Kuwait. If that is not a warning bell then I don’t know what it is.

Obama sold himself on the economic issues in 2008, which made the economy even worse. Investors and businesses took even more drastic decisions in response to the Obama gloom rhetoric. Having set up the premise that the global economy was in a more severe state than it actually was, he set himself up as savior. He promised he would come in on wings of angels, as Hilary herself told us, to save the world.

And it worked! As an election promise, as a selling point, it worked. As a presidency, it has failed miserably. He got four years and he’s blown it. The engine is going off the rails.

Does this look like a competent driver to you?

The debt piles up. The jobless are piling up. The government is bloated even more. People, as Romney rightly said, are increasingly dependent, and voting for Romney would feel to them like turkeys voting for Christmas.

If Obama stays in situ, then the engine will break down beyond repair. America cannot afford the load he is trying to pull, and nor can the global economy.

Romney and Ryan need to focus. If they can’t get this message home, and if they can’t inspire America to get this engine moving again, then they don’t deserve the job in the driving seat.

Fraser report can be found here: http://www.freetheworld.com/release.html

Everything is fine, time to put your feet up Mr President!

The private sector is doing fine apparently. This is at least according to President Barack Obama. I guess the 23 million Americans who are either unemployed, underemployed or have given up searching for work are suitably reassured. Not to worry, four more years! Yes folks, four more years out of work if this administration gets another victory in November.

Of course, President Obama later clarified things for reporters, and the rest of us stupid people, “the economy is not doing fine.” Then White House Press Secretary Jay Carney told reporters they should know better than to miss the broader point Obama was making. Oh what stupid people, why did they not realize the president intended that public sector job cuts are hurting the economy.

Carney crowed “You all ought to do your jobs and report on context…We’re for truthful, factual, accurate reporting done in context.” Oh, yeah, right.

Perhaps the president and Mr. Carney can explain why the Federal Reserve felt compelled to report the median net worth of families plummeted by 39 percent in the three years of the Obama Era of Salvation. Well, they didn’t say that exactly. They said the numbers, I added the editorial gloss. The figures speak for themselves though: a fall from $126,400 in 2007 to $77,300 in 2010. That puts Americans back where they were in 1992.

Even the president’s current day Rasputin, Paul Krugman, the mystical Nobel Prize-winning economist, admitted “That was an unfortunate line…The president bungled the line.” In a sentence more articulated than a truck driven by a Commerce Secretary, Krugman’s apologia for a president states “The truth is the private sector is doing better than the public sector, which is not well enough…The real story of this economy is that cutbacks at the public sector are what’s hurting the recovery.”

Mitt Romney’s take on this is “Last Friday, the unemployment rate rose to 8.2 percent and 300,000 more people joined the long-term unemployed. One week later, President Obama said the private sector is doing fine. Only a president that presides over forty months of unemployment over 8 percent would think that the last jobs report is “doing fine.” These comments show that President Obama is completely out of touch with the middle class.”

The Heritage Foundation notes “While the President’s comment is astoundingly out of touch with the public—and economic reality—perhaps even more distressing is that this wasn’t a passing verbal gaffe. This is actually a consistent talking point of the President and Democratic leadership that goes largely unchallenged by the media.” http://blog.heritage.org/2012/06/11/morning-bell-the-private-sector-is-not-doing-fine/

A famous Philosophy discussion on observation and knowledge of reality centers on the question, “If a tree falls in a forest and no one is around to hear it, does it make a sound?” I believe the same can be asked of the relationship between Obama’s errors and the liberal media…the noise is definitely made but they don’t seem to be around to hear it.

The only thing that will be fine is a change in the White House. Of course, Barack Obama will not be made unemployed, he has a new career trajectory to follow of more books, speaking tours and all the perks of being ex-president.

This election is about the economy, and we’re not the stupid ones.

Romney needs to call Obama’s Bluffet….

 

We know that the Bluffet, sorry Buffet, rule is a motif for President’s class warfare, and more warning shots will be fired when Congress returns today from a two-week recess to a test vote on the rule, which would impose a minimum 30 percent tax rate on income over $1 million. The Bluffett tax targets wealthier Americans’ investments rather than salaries.

Today is the day when this issue of class warfare kicks off for November in earnest, now that we know it will be Romney for the GOP and Congress gets to have a say on the matter.

President Obama, who pays less tax than HIS secretary (he filed tax returns showing he paid an effective tax rate of 20.5 percent on income of about $800,000 in 2011) says the government needs the revenue from the Bluffett rule, estimated at $47 billion over 10 years, to cover “a broad range of goals.” He also says “This is not just about fairness.” Well, he got that right, it is very unfair, but not in the simplistic moralistic way he is peddling.

He says “This is also about growth. It’s about being able to make the investments we need to strengthen our economy and create jobs. And it’s about whether we as a country are willing to pay for those investments.” In other words, robbing Peter to pay Paul.

Fact is, do we really need government to do the investing, and where does the investment go? Into government black holes and deep pockets, rather than into businesses which create wealth. The Bluffet tax would not create wealth, it would merely enhance dependency. We would see a better rate of return on the $47 billion in business investment by the wealthy than we would from government. That is an awful lot of liquidity to take out of the markets, and I don’t see too many secretaries taking up the slack.

Of course, keeper of the Treasury keys Tim Geithner was out pushing the rule on Sunday, “Just because Republicans oppose this does not mean it’s not the right thing to do and not the right thing to push for,” he told NBC’s “Meet the Press” program. Double negatives aside, we can say that just because Democrats think it is the right thing to do doesn’t mean it even begins to make sense.

If we look at the paying side of this, we see the rich targeted for this end up paying more. Simple. But for what are they paying? Increased revenue means increased expenditure, and so the things for government to spend on expands to meet the expanded revenue. More programs, more dependency and less reward for effort. What does the payer get in return? They get little benefit, and the wealthier they are the less they need what they are paying for.

Which means the sole purpose of the Bluffet rule is twofold, increased state powers and redistribution of wealth. Conservatives who attack Romney or the rich for their wealth are playing with the same deck as Obama.

Obama says, “If you make more than $1 million every year, you should pay at least the same percentage of your income in taxes as middle-class families do… Most Americans support this idea. We just need some Republican politicians to get on board with where the country is.” Of course, Obama doesn’t have to worry too much about his investments, because after leaving office, which cannot come soon enough, he will make a ton of cash for the remainder of his days. He doesn’t have too much to worry about…The rest of us do.

The Problem With Romney

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There are plenty of pundits explaining why Romney is the best candidate to go up against President Obama in November. The effort to find the candidate who has ‘the best chance of beating Obama’ has been the topic of countless editorials and discussion groups. Certainly defeating Obama is a critical goal, but victory in November will have more to do with the weakness of Obama due to his failed policies than anything the GOP puts on the table. When an incumbent is running for re-election it is almost always more of a referendum on that person than about the ideas of the challenger. That being the case, maybe the focus on who has ‘the best change of beating Obama’ is the wrong metric to be using in deciding our nominee.

I submit that the question we should be asking is, “Which candidate has the best chance of undoing Obama’s policies?” When looking at the election that way, Romney comes up short. That’s the real problem with Romney. We could look past his lack of a personality and stammering during almost every debate. We could even look past his flip-flops. But when we look past those things, what do we find? We find a manager. That’s not what the country needs.

Barack Obama has governed as one of the most radical and autocratic Presidents in our history. He has accomplished so much of his radical agenda in the past three years that it truly will take a radical and energetic effort in the opposite direction just to get the country back on an even keel, let alone making real progress. Romney isn’t a radical. He isn’t going to drive us back from Obamanism. He’s more likely to take ‘reasonable’ steps to slowly and thoughtfully back us away from the cliff only to have the next liberal who gets into the White House send us careening back over it.

The only way to undo a radical is either a long steady restoration or a radical restoration. Since Presidential terms are only 4 years long and there is no guarantee of a re-election victory, the slow and steady approach isn’t wise. We can’t afford to suffer under Obama’s policies for more than a year after he leaves office. We need a radical reversal of our nation’s course. We need what happened in Wisconsin and New Jersey where radical leftist nonsense was radically and swiftly thrown into the dumpster so real economic progress could be made.

Romney’s a nice guy and if the past four years had been Reagan’s second term, then Romney would be a great choice. All he’d have to do is be a manager and keep things running smoothly. But, the past four years weren’t Reagan’s second term; they were Obama’s radical experiment in disaster. We’re not running smoothly. We need more than a manager. We need a crusader who will drive to undo what Obama did with even more gusto than Obama used to do it himself.

We need to stop asking who could best defeat Obama and accept the fact that Obama will win or lose on his record. Assuming we do win the election because Obama is such a failure, which candidate will most effectively and quickly undo not just some of what Obama did, but ALL of what Obama did? The answer clearly isn’t Mitt Romney.

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Where America is economically 1,000 days into the Obama Administration

Today marks 1,000 days of President Obama’s administration and the race for the GOP nomination is in full flight with the American economy facing perhaps its biggest challenges since the great depression.

As U.S. Vice President Joe Biden recently told a Florida radio station, ”The U.S. election in November 2012 will be a “referendum” on the Obama administration’s handling of the economy.”

So what is the economic report card for the Obama Administration’s first 1,000 days.

  • Since President Obama took office, the National debt has increased by $4.3 trillion with America now borrowing $4.2 billion each day, to keep the country going. The total National Debt now stands at $14.9 trillion dollars.
  • 6.5 million jobs have been lost in the private sector and 290,00 in the Public sector, in last three years.
  • Four million bankruptcies have occurred during this period.
  • The unemployment rate has been above nine percent for 840 of the 1000 days, and the average unemployed worker has been without a job for more than 9 months.
  • 2.4 Million Homes have been foreclosed on.
  • Health Insurance premiums have increased by on average 13%.
  • 1 in 6 American’s are now officially classified as poor largely due to rising unemployment and 49.9 million American’s are uninsured, the biggest in more than two decades.

In fairness, the President has done some good work by extending the Bush era tax cuts and unemployment benefits. He also saved the automobile industry which regardless of your political view, is a hard fact to deny.

What we have seen from the Obama Administration though is bigger government, more regulations, and massive amounts of government spending in the hope of stimulating the economy. The trouble is that it simply hasn’t worked, as the numbers have shown. President Obama Promised that his $787 billion stimulus would save or create 3.3 million jobs by the end of 2010.  It simply hasn’t, in fact, his stimulus bill has caused nothing but problems with states now seeking more money to keep teachers and other public sector workers on the payroll, President Obama calling for an additional $35 billion funding bill today for the states. There has also been the wasted billions on green energy projects and the no so ready, shovel ready job projects.

The President has been touring the country over the last month, trying to sell his $447 billion jobs package or as most people call it, Stimulus II. It was defeated in the Senate last week on a bi-partisan basis. I actually don’t blame the president entirely for the state of the economy. I blame those academic advisors and special advisors he brought into his administration in the early days. They applied their theories without really having the practical experience of working in the economy ironically, a lot of the criticism’s which people are labelling against Herman Cain and Mitt Romney at present is based on their having real life experience. Where are President Obama economic experts 1,000 days down the road, they’ve abandoned the sinking ship.

The two big strategic mistakes President Obama did make in his first 1,000 days are as follows; firstly, he should’ve waited until his second term to pursue and implement his signature piece healthcare legislation “Obamacare”. The first mistake he made is what President Bush Snr (41) made, if you don’t look after the domestic economy, you can have all the success in the world on every other front however, people want jobs and want to know they are better off now, then they were four years ago. President Obama should’ve focussing on getting the economy right in his first term and leaving Obamacare until his second term.

The second mistake President Obama has made strategically in his first 1,000 days is not moving to the center and working with the Republican Congress after the mid-term election defeat. In 1994 when the Republicans won control of Congress under the Contract of America with Speaker Newt Gingrich, then President Bill Clinton knew in order to get re-elected, he had to work with the Republicans and move to the center. President Clinton did and worked effectively and in fact, gained the upper hand winning over independent voter by the time the next presidential election came around in 1996. It is Independent voters that decide the outcome of elections not the respective party faithful.

President Obama with all respect may be the only person who believes he has done a good job on the economy. Beyond that, he may be the only person who believes his current rhetoric and embracing of protests against entrepreneurs and successful and hardworking people, will get him re-elected next year and win over independent minded voters although I sincerely doubt it.

The eventual GOP nominee needs to emphasise the best of American traditions and empower the private sector, liberalise the markets and stimulate the education system to restore America’s economic engine. It will require strong leadership, collaboration and the involvement of expertise from both the public and private sectors until the economy is back in good health. It will require sacrifice in the short term and there will be no short term fixes.

Above all, it is clear that the rhetoric going into next years election is going to be based on class warfare and aimed at dividing people something President Obama promised he wouldn’t do. It is a very sad day when a president resorts to that tactic in order to win an election.

I would hope that any GOP nominee has the courage and conviction to refrain from engaging in such low level politics and be a president for all the people regardless of creed, colour or religion.

Trunkline 2012: Saturday Political News in Review and Cinema Politico Movie of the Week for 10/8/11


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Brought to you by White house 2012 & Hulu.com, The Good Pope is a poignant retelling of the story of Pope John XXIII.  He was Pope for only 4 years, seven months and six days when he died of stomach cancer on the 3rd June 1963.  His lived during a period of profound change, and a time which produced some of the most significant events of the 20th Century and once he became Pope, he also  produced some of the most significant events in the contemporary history of the Catholic Church.

Bob Hoskins stars as The Good Pope.

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Even the “Average Joe” Knows President Obama Can’t Win in the Obama Economy

Bookmark and Share  Vice President Joe Biden is probably one of the G.O.P.’s best friends.  He has a real propensity for always saying the right thing ………..for Republicans.  His latest statements to verify that came Thursday at the Washington Ideas Forum, an invitation only, two day forum for leading newsmakers at the Newseum in Washington, DC. The event is sponsored by The Atlantic and the Aspen Institute.

During an appearance at the forum, Biden stated that  the shaky economy has left many Americans in “real trouble“, and made clear that the Republican Party is strong enough to beat President Barack Obama in the 2012 election.  Note how he said “President Obama” and not “us“.  Joe may be dumb but he is not without an ego that would prohibit him from sharing the blame for the economy that he said will be responsible for the defeat.

According to Joe, a significant majority of the American people don’t believe the country is moving in the right direction. You think?  He adds that such a public perception is never a good place to be going into re-election (no kidding), regardless of whether it is the current administration’s fault or not.

Biden defended the Administration though when he suggested that the economy has still greatly improved under President Obama.  He states that he is  counting on voters recognizing how deep the recession was and how much the economy has improved under the Obama Administration.

To be fair, credit must be given when it is deserved.  Joe is right about the strength of the Republican Party going in to the 2012 presidential election.  However, honesty is not always welcome in politics, especially if you are a liberal trying to promote the benefits of unsustainable spending, increased taxation, and socialist policies.  For that reason, the Vice President is not likely to get a pat on the back and hear a sincere thank you from the President for his honesty.  Instead he might hear something more along the lines of “Way to go, Joe.  Thanks for the encouraging words”.

The episode does demonstrate one thing though.  It shows us that the Administration sees the writing on the wall.  So much so that even the “average Joe” can read it.  That means that the Obama re-election team is surely preparing a campaign based on desperate attempts to run an extremely negative campaign against the Republican ticket, regardless of whose names are on it.  If they understand that voters will have very little reason to support the Obama-Biden ticket for reelection, there only chance will be to make the opposition look worse.  That means that while the President will try to resort to discussing issues with little detail and great flowery, rhetoric, His surrogates and ad men will be attacking attacking the Republican ticket with verbal assaults that are based on personal matters, and far-fledged distortions of records.

This conclusion is only verified by Joe Biden.

His comments on the 2012 election at the Washington Ideas Forum offer us a glimpse of the Administration’s mindset.  They know that they can’t win on the one issue that is likely to dominate the election…… the economy.  Oh they will try to wage class warfare, they will incite the anger of their big union base and take advantage of the underprivileged.  They will even play the blame it on Bush card and try to morph the Republican presidential nominee into Bush.  But in the end, the American people understand that saying that sat upon President Truman’s desk and read, “The buck stops here”.   And the fact that no bucks are flowing in to the economy, will only make most voters more aware of who is responsible for that.
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President Obama Also Inherited A Triple A Rating: Punch Line Politics

Bookmark and Share   In honor of President Obama becoming the first American President to have our credit rating downgraded, White House 2012 presents to you a page dedicated to the Obama economy. And yes, after well over two years, this is his economy. I mean after all, President Obama did inherit many things when he took office. But you know what he also inherited from former President George W. Bush? A triple A credit rating? So suck it up Mr. President. After more than two years of laying blame on others, what exactly is it that you are responsible for?

President Obama was not responsible for the handing of the Gulf Oil disaster, the debacle that turned what was supposed to be “The Summer of Recovery” into the summer that never was for businesses and tourism in the Gulf States. He was responsible for creating 2 million jobs but he is not responsible high unempoyment?   He is not responsible for the national debt, yet President Obama added more to the national debt in the first 19 months of his first term than all the Presidents from Washington through Reagan combined. President Obama is not responsible for the war he created with Libya and left up to our incompetent European allies, but he is responsible for the capture of Osama bin Laden?

Well the truth is that our President is responsible. He can’t have it both ways. He is the Commander-in-Chief and as such, he is responsible. He is responsible for both his actions and his inactions. And when it comes to the economy, he is just as responsible for its condition as a bank robber is for the money they stole from the bank vault.

To drive that point home, here are few humorous ways of pinting it out:

The Obama economy is so bad.… that the I.R.S. is allowing Americans to list him as the most expensive dependent on your tax return?

The Obama economy is so bad…. that President Obama is planning to write off his second term.

The Obama economy is so bad.… that Kenya now claims he wasn’t born there.

The Obama economy is so bad…that the President is changing his slogan to “Hope and Spare Change!”

The Obama economy is so bad…that Nancy Pelosi is selling earmarks for 1/2 price.

 The Obama economy is so bad…that the President is running a small business on the side. It’s called GM.

The Obama economy is so bad…that Rosie O’Donnell is losing weight.

The Obama economy is so bad…that Al Gore is selling carbon credits on late night television.

 The Obama economy is so bad…that Bill Ayers has to make do with M-80s.

 The Obama economy is so bad…that Barack’s pyramid is on hold.

The Obama economy is so bad…that you can order checks pre-marked “Insufficient Funds.”

The Obama economy is so bad…that Americans are being caught sneaking into Mexico.

The Obama economy is so bad…that the Chicago mob is laying off judges.

The Obama economy is so bad…that the federal stimulus checks are bouncing.

The Obama economy is so bad…that even people who aren’t in the Cabinet have stopped paying taxes.

The Obama economy is so bad…that Michael Vick is working at Petco.

The Obama economy is so bad…that Al Sharpton cuts his own hair.

The Obama economy is so bad…that McDonald’s has a layaway plan.

Now going from the ridiculous to the sublime……… some brief facts:

Our credit rating was downgraded for a number of factors.  Among them, according to Standard & Poors the political atmosphere which makes it unlikely for a significant political agreement on how to control spending, and an inability to reform Medicare and Social Security which will account for the largest portion of doubt. Other factors played a roll too but all of them led to one overriding issue……..our inability to control our debt.

More facts:

When it comes to the very thing that is responsible for the United States’ having its credit rating downgraded for the first time in history, our debt, one should understand that no single person is more responsible for that debt than is our President. Don’t believe me? Than look at the facts below

While the numbers below do not reflect the actual total national debt, it does reflect the amount of the INCREASE in the national debt during each presidential term.

  • Ronald Reagan’s First Term – $656 billion increase
  • Ronald Reagan’s Second Term – $1.036 trillion increase
  • George H.W. Bush’s Term – $1.587 trillion increase
  • Bill Clinton’s First Term – $1.122 trillion increase
  • Bill Clinton’s Second Term – $418 billion increase
  • George W. Bush’s First Term – $1.885 trillion increase
  • George W. Bush’s Second Term – $3.014 trillion increase
  • Barack Obama’s First “Year” – $1.573 trillion increase

So, while it is obvious that the national debt was a creation of bi-partisan doing, it is also quite apparent that the largest increase during a single year occurred during Barack Obama’s first year. While George W. Bush’s second four years in office saw the largest increase for a complete term, Barack Obama is barely through half of his first term and he has surpassed that record in droves. So who is responsible? Is it the TEA Party? Is it the new Republican majority in the House of Representatives? Is it those who voted against the recent debt ceiling hike agreement because they believed it did not cut spending enough? Or is it the President who refused to play an ctive role in cutting spending and has grown the size and scope and cost of  government by leaps and bounds?

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Three Simple Steps to Solve America’s Debt, but one Giant Leap for the Nation’s Politicians

Nostalgia or integral to the future?

Bookmark and Share   There are three simple steps required to get America working at its best again, but they will require a giant leap in faith by politicians. The final space shuttle launch is perhaps a metaphor for where America is today. America has been travelling the European road towards secularism and dependency in recent years. This journey was not embarked upon by President Barack Obama, though he has hastened the journey’s end greatly.

This European road is one where the apparatus of State is the repository of morality, rules and decisions. This leaves its civil dependents free not to care, because the State cares for society’s ills, it is somebody else’s problem. This is the selfishness of liberalism, it leads to abdicating personal responsibility for the community and leaving the State to deal with it and legislate.

Morality becomes defined by what the rules say you can and cannot do. The responsible individual is therefore one who keeps to the rules, which are increasingly defined by a remote governing and law-making process. The liberals who drive these new rules don’t care about the Poor, or Race or all the other things they pontificate on so eloquently. They are only interested in the IDEA of the Poor, Race and other classes who live far from their zip codes. They can have the best of both worlds: live their own nice life free of any conscience because they care about classes.

The outcome of this is moral malaise, economic stagnation and ever growing cost of government. Sound familiar? Look around you, do you see the evidence?

This mentality has to change, and it is a big ask. It is a giant leap. What is needed is not just a change of leader, but a change in attitude in America. This needs to be a mixture of commitment to the faith and enlightenment ideals which founded America, and, a commitment to applying these ideals to making a better tomorrow.

Liberals like to dismiss all the talk of the Constitution and Founding Fathers by the Tea Party and Conservatives as being at best nostalgic and at worse backwards. It is not. It is integral to understanding the solution to America’s current ills.

So, what about the three steps? They are:

Step 1: Repent and Pray, and remember what the American Ideal means

Step 2: Focus on growing the economy

Step 3: Cut Government deep

The first step:

The hubris of government is rooted in the Enlightenment without God, something the Founding Fathers never intended. The negative proposition of the Founding is that we only progress knowing that we are answerable to a higher order, to God the Creator. This is because of the Fallen nature of humanity. The positive proposition of the Founding is that we progress because God fills us with Hope. This is the uniqueness of the American ideal, which is an ideal for all humanity not just Americans.

Hence, we repent because of our weakness and we pray because of the Hope that God inspires within us to innovate, create for ourselves and community, and to help each other: family, friends and community. The obsession with “human rights” is a denial of this combination of weakness and hope, placing confidence in regulation and courts. Instead of court being the outcome of wrongs, it becomes the starting point of establishing “rights.” The starting point should be God and individuals caring for each other, placing confidence in God to guide us.

The second step:

All the talk about cuts, deficits and taxes is placing the emphasis in the all the wrong places. They are of a secondary order, not just in this list of three steps but in the economic approach now needed. The economy thrives on confidence and energy. Both have been sapped in recent years. During the last presidential campaign, candidate Obama talked up the doom and gloom of the economy, resulting in companies taking more drastic actions they would have ordinarily. Had 2008 not been an election year, the economy would still have entered a recessionary cycle but it would not have been as deep as it has been. Of course, the candidate figured that as President he would be the economy’s savior. How wrong he was!

There is a need to cut government, not just to save money but to stop the dependency and return people to a focus on economic growth. This means people being entrepreneurial, realizing the economy is not a fixed pie to be shared out by government. When you’re short of pie, you bake some more! This means people out of work looking for ideas and opportunities, and for those in work they need to innovate their businesses and take the right kind of risks to generate new business. In short, individuals and businesses need to dig deep to solve problems.

This also means a consumption that is not just consumerism and speculation, but also investment in self and family. The disposable society figured we could dispose of responsibility as well. The great lesson of this recession is that far too many people and organizations had built their economic well-being on shifting sands.

The Third Step:

The 2012 candidates have to be prepared to address voters in a call to taking back responsibility from government. When people say “We want our country back” they should be saying they want to take responsibility back. Governments do not fix economies; they only tax entrepreneurial energy and dollars.
Government has an important role as servant of society, but it makes a very poor master.

These are the small steps, but for politicians they are a Giant Leap. These are not popular suggestions, I know. They do not satisfy human selfishness. Adam Smith, that great Scottish enlightenment figure, distinguished between selfishness and self-interest. It is self-interest which is the motor of the economy, and candidates need to take a giant leap to explain and inspire people as to what is in their self-interest and in the self-interest of America.

Only then will this economy grow at the rate it needs to and to sustain America. The nation needs to raise up a leader who can lead from the heart, not just their own heart but the beating heart of America, and this starts by reminding the American voters of the Soul of America.

Let’s start with Step One. Jesus said, “For what shall it profit a man, if he shall gain the whole world, and lose his own soul?” This is the campaign slogan America needs right now. The current debate is not about the economy. The economy is not the driver of things to be, that is Socialist philosophy. The economy is the reflection of things that are, and right now the economy is reflecting the struggle for the soul of America.

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