The New Left takeover and sweeping Obama madness is leaving it no other choice.
John Bolton has referred to President Obama as America’s first post-American President. By this he means that instead of pursuing America’s interests in relation to the rest of the world, President Obama is pursuing the rest of the world’s interests in relation to America. In other words, Obama is imposing on America the policies the rest of the world would like to see stuffed down our throats.
This is why it seems like we are losing our country piece by piece, and that America is in an accelerating downward spiral. To those who are paying attention, and not just blindly accepting the Obama/Democrat talking points, everything suddenly seems so different, because America was conquered by an alien ideology in 2008.
Reagan’s Peace and Prosperity
The rest of America experienced the Reagan Revolution starting in 1980. The failed Keynesian economics from the 1970s was producing double-digit inflation, double-digit unemployment, and double-digit interest rates. Reagan’s strong dollar monetary policies cut inflation in half by 1982, and cut it in half again by 1983, taming it still to this very day. In 1983, the greatest economic boom in world history took off, as a result of Reagan’s free market economics.
The Keynesian-induced business cycle that produced four increasingly worse recessions from 1969 to 1982 was replaced by a shocking 25-year economic boom, with only mild, short downturns in 1990 and 2001. As Art Laffer and Steve Moore point out in The End of Prosperity, more wealth was created in America during that 25-year boom than in the entire previous history of America combined, from George Washington up to Ronald Reagan. The boom spread worldwide, boosted by other countries adopting Reaganomics as well. We began to see a blooming middle class as a result in places like India, Brazil, and even China.
Reagan also aggressively fought the Cold War by pursuing his powerful defense buildup, funding and supporting revolutionaries on the outskirts of the Soviet Empire like the mujahedeen in Afghanistan and the contras in Nicaragua, and affirmatively seeking to cut off the sources of hard currency for the weak and unproductive Soviet Communist economy. As a result, in 1989 the Berlin Wall fell, and the Soviet Empire collapsed. As the British Prime Minister Margaret Thatcher said, “Reagan won the Cold War without firing a shot.”
These are the reasons that Reagan will be recognized as the most successful President in American history.
Clinton brilliantly recognized the Reagan-led transformation of American politics, and led the Democrats to more moderate positions through the Democrat Leadership Council (DLC) and his path-breaking 1992 campaign. As Dan Mitchell now of the Cato Institute has rightly observed, President Clinton pursued the most conservative economic policies of any postwar President except Reagan. He was greatly aided in this by Newt Gingrich and his Republican takeover of Congress in 1994, as Clinton primarily just went along with the economic policies of the Republican Congressional majorities. Tony Blair basically did the same with the Labour Party in Great Britain as President Clinton did for the Democrats in America, resulting in a 12-year run for Labour Party rule in that country. With the 2007 retirement of Blair, that is now about to end.
The Democrat Wing of the Democrat Party
But for what Howard Dean termed, “The Democrat wing of the Democrat Party,” by which he meant those left-wing Democrats who viewed President Clinton as a repulsive Reagan sellout, the post-1980 history recounted above never happened. These Democrats rejected both Reagan and Clinton, and have just been moving farther and farther left since 1980.
With the passing of the Clinton-Gore era, these left-wing Democrats took back their party in 2004, with the ultraliberal John Kerry winning the nomination after the collapse of the ultraliberal Howard Dean. George Soros led other badly deluded, trendy left billionaires in massively financing a dominating left-wing political machine. That machine joined with an increasingly ultraleft, formerly mainstream media to defeat the Clinton camp in 2008, and then win it all, behind their chosen front man, lifelong Marxian Barack Obama.
Meanwhile, in the Republican Party, the moderates finally managed to bust up the Reagan Coalition, so certain that they had a more enduring political strategy all along. During his Administration, President Bush slowly departed from each one of the planks of Reaganomics, though it is not clear that he ever understood what he was doing. Going back to 2001, the Bush Administration pursued weak dollar monetary policies that led to the housing bubble. Bush departed from Reagan’s budget cut policies to rapidly expand federal spending. Bush went along with Democrat regulatory policies regarding housing and finance to further boost the housing bubble.
Finally, as the housing bubble burst and the financial crisis started to appear, Bush abandoned the tax rate cut policies of supply-side economics, joining with the Democrat Congressional leadership at the start of 2008 to enact a Keynesian tax rebate stimulus, fully supported by then Senator Barack Obama. That stimulus, of course, failed to accomplish anything, because Keynesian economics is confused nonsense, thoroughly discredited way back in the 1970s. But it was the eventual abandonment of every plank of Reaganomics by the Bush-led Republicans and the New Left Democrat Congress that resulted in the financial crisis of 2008, and the end of the 25-year Reagan economic boom.
With the Republican nomination of John McCain, the moderates had finally taken complete control of the party. McCain and his moderate campaign honchos led the Republicans to a historic rout. Colin Powell’s advice to the Republicans to follow a moderate champion like McCain was so bad that even he voted for Obama. The elections of 2008 can be viewed as a successful takeover bid for America by George Soros.
Not Your Father’s Democrat Party
A man of faith in a godless age is hitting Americans where it hurts.
Mr. and Mrs. American Spectator Reader, let P.J. O’Rourke talk sense to your kids.
In Britain, defending your property can get you life.
The debacle of this president’s administration is both a cause and a symptom of the decline of American values. Unless Congress impeaches him, that decline will go on unchecked. An eminent jurist surveys the damage and assesses the chances for the recovery of our culture.
It won’t take long for conservatives to scratch this presidential wannabe off their 2008 scorecard.
The American Christmas, like the songs that celebrate it, makes room for everybody under the rainbow. Is that why so many people seem to be hostile to it?
Was the President done in by the economy, or by the politics of the economy?
H/T to National Review Online