President’s policies are killing the American dream
Five years of President Obama's policies have resulted in the first
generation in our nation's history that does not know whether it can do
better than its parents. Mr. Obama may have killed the American dream.
Mr.
Obama wants Americans to ignore the reality of the endless economic
malaise. "The United States is better positioned for the 21st century
than any other nation on Earth," he said in his State of the Union
address on Tuesday night.
To handle any lingering doubt in citizens' minds, he tried to pin the blame on the rich instead of his policies.
"Corporate
profits and stock prices have rarely been higher, and those at the top
have never done better," he said. "But average wages have barely budged.
Inequality has deepened. Upward mobility has stalled."
The
president frequently uses class-warfare tactics to try to distract
voters. The facts are that gross domestic product barely ekes up each
quarter by low, single digits, while the labor-force participation rate
is down to the lowest level in 35 years.
This means that the
hope-and-change agenda enacted by Mr. Obama since 2009 has resulted in a
stunted economy and fewer people than ever in the workforce.
"People
won't do as well in the future as they would have as result of the
policies of this president," Rea S. Hederman Jr., director of the Center
for Data Analysis at the Heritage Foundation, said in an interview.
"Taxes
are higher than they were even under Bill Clinton. The health care bill
requirements mean fewer people can get into labor force or take longer
to find a job, so their lifetime earnings will be lower."
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- This site is the inspiration of a former reporter/photographer for one of New England's largest daily newspapers and for various magazines. The intent is to direct readers to interesting political articles, and we urge you to visit the source sites. Any comments may be noted on site or directed to KarisChaf at gmail.

Thursday, January 30, 2014
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