“…How can we not believe in the greatness of America? How can we not do what is right and needed to preserve this last best hope of man on Earth?…”
Nile Gardiner
Telegraph [UK]
25 January 2012
Two words hardly mentioned in Barack Obama’s 65-minute State of the Union address to Congress: freedom and liberty. President Obama’s fourth and possibly last State of the Union speech was long on big government proposals, but short on the principles that have made America the world’s greatest power. His lecturing tone exuded arrogance, and he failed to present a coherent vision for getting the United States back on its feet after three years of economic decline. It was heavy on class-war rhetoric, punitive taxation, and frequent references to the Left-wing mantra of “fairness”, hardly likely to instil confidence in a battered business community that is the lifeblood of the American economy.
Above all, he remains in denial over the levels of federal debt that threaten the country’s long-term prosperity. This was not a speech that was serious about the biggest budget deficits since World War Two. There was no sense at all that America is a superpower on a precipice, sinking in a sea of debt that threatens to undermine America’s power to project global leadership for generations to come. In fact, his interventionist proposals will only make matters worse.
From new federally funded infrastructure projects to increasing regulations on financial institutions, President Obama remains wedded to big government – an approach rejected by a clear majority of Americans, who view it as a millstone around their necks…
The article continues at The Telegraph.