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Ryan on the American Tipping Point: it’s the socialism, stupid.
(Page 2 of 4)
Which is what explains the debt, the high unemployment, the high gas prices, Solyndra, the halting of production on the Chevy Volt and all the rest of the last four years of disaster.
Here’s Larry Kudlow of CNBC, a former Reagan colleague, explaining the basics of this latest try of socialist economics, this time as tried by Mr. Obama.. “If it was going to work,” says economist Kudlow of Obamanomics, “it would have worked.”
Clearly, it didn’t. Or did it?
Kudlow made his remarks at former Speaker Newt Gingrich’s “Newt University” — a convention-long rolling seminar on the challenges facing the country in the 2012 election.
Most impressively at Newt U., here is small businessman David Park, a Korean-American, discussing his hard won American success as a capitalist. At one point he notes the famous photograph of the Korean peninsula at night taken by a NASA satellite. South Korea — the capitalist half of Korea, is ablaze in light. North Korea, the socialist half, is completely black other than a dot of light that marks the capital of Pyongyang. Assessing Obamanomics, Park says the obvious: America is being led away from the light of capitalism towards the dark side that is socialism, with all the dire and quite predictable results socialism delivers.
Yet people fall for socialist economics over and over again through the decades because it is always presented by its advocates as a matter of “fairness.” Any question of whether it works in practice are waved aside with questions of morality. Either that or the outright fabrication that amidst all the obvious resulting disaster — why yes, it really is working!!!!! As a matter of fact, here is President Obama insisting just that. “We tried our plan and it worked,” he says, illustrating vividly in real time today precisely the socialist denial Mises was talking about over 80 years go!
But is Obama really in denial? Or, from the stand point of a leftist in bringing the American Experiment to ground, isn’t he succeeding?
What Mr. Obama is doing right now — he has in fact spent his entire career doing. Where are all those glowing media stories about how much better off the South Side of Chicago was after the famous community organizer departed? There are none, of course. Because it simply didn’t happen.
Or did it? Isn’t creating a community of perpetual economic misery throbbing with racism and thuggish union leaders part of the eternal leftist plan?
In fact, now that we’re down to an Obama-Romney race it’s not only accurate to say but embarrassingly accurate to note that Mitt Romney has created more jobs with the creation of Staples — just one Bain Capital project! — than Obama did with all of his community activism.
Yet this game of socialist fairness and morality versus the greedy, evil capitalists is played repeatedly. Leftist economics is all about fairness — and the facts of the resulting disaster are simply ignored. Or trumpeted as a triumph.
Why is this important now?
Because this election cannot be allowed to generate into a personality contest between two men.
It is not enough to defeat Barack Obama with Mitt Romney.
Are there people out there who are angry with Obama? I’ll say. Are all these GOP Establishment types right that there are independent voters out there who are simply disappointed with Mr. Obama? That they like him, but they are disappointed at his results? Doubtless.
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?