The United States is currently suffering from “a capital-starved economy,” syndicated columnist Donald Lambro told George Washington University students Wednesday. “We’re in for a very long period of very high unemployment.”
Noting several forecasts of “anemic” economic growth in coming years, Lambro called President Obama’s deficit spending agenda “unsustainable.”
“Government stimulus programs have never worked and they’re not going to work now,” Lambro said in his presentation at the “Barack Obama: Epic Fail Teach-In” sponsored by the GWU chapter of Young America’s Foundation and the David Horowitz Freedom Center.
Lambro joined Christopher Horner of the Competitive Enterprise Institute and Jonah Goldberg of National Review at Wednesday’s event.
Horner, author of Red Hot Lies: How Global Warming Alarmists Use Threats, Fraud, and Deception to Keep You Misinformed, addressed the Obama administration’s climate-change policies.
Environmentalists are attempting to use government power to create an artificial scarcity of energy in order to exercise control over citizens, Horner told students.
“The issue isn’t really the issue” when debating global-warming alarmists, said Horner, noting the “social justice” rationale voiced by former Obama administration official Van Jones. Horner also discussed the “ClimateGate” revelations indicating scientists had manipulated data to hide evidence contradicting their theory that carbon dioxide emissions have produced a dramatic increase in worldwide temperatures.
Goldberg, author of Liberal Fascism: The Secret History of the American Left, From Mussolini to the Politics of Change, addressed the Obama administration’s foreign policy.
Goldberg referred to a recent analysis by Walter Russell Mead that compared Obama’s policies to those of Jimmy Carter, and said that President Obama is “essentially isolationist” in his foreign policy, preferring to focus on his dometic agenda.
One of the biggest foreign-policy controversies of Obama’s presidency has been the effort to provide accused foreign terrorists like Khalid Sheik Mohammed with criminal trials in U.S. courts, Goldberg observed. That effort is about “empowering lawyers,” which is something Obama “truly believes in,” Goldberg said.
Asked about the administration’s refusal to support Great Britain in its dispute with Argentina over Falkland Islands oil rights, Goldberg said “Obama doesn’t like the British” — a resentment that some critics have suggested reflects the influence of the president’s Kenyan father and grandfather.
