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May
The View from Abroad
columnist: Kenn Jacobine

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Topic: National Debt

Most Agree, Under Obama the Country is Headed in the Wrong Direction


While liberal pundits and media types this week had their hissy fit over Rand Paul's spot on comments about how a portion of the Civil rights Act of 1964 is unconstitutional and un-American, those of us that really care about the future of the United States took notice of how the current administration is destroying it.
by Kenn Jacobine
(libertarian)
Saturday, May 29, 2010

Now, before you say this is just another rant by a fire breathing libertarian bent on desecrating the good name of the president, read on.  In a recent Rasmussen poll, 67 percent of Americans agree with me that the nation is on the wrong track.  Only 28 percent think things are honky dory.  Of course, the president's approval rating continues to languish below fifty percent.  Even with his success in passing nationalized health care, he just can't seem to enjoy the support of a majority of Americans.

So, what specifically is wrong with the direction of the country?  For one thing, the government just reported that it passed the $13 trillion debt mark.  Now, many will say, so what?  "We have had higher debt to GDP ratios in our nation's history and our economy is big enough to weather the storm."  That could be the feelings of the president as well since in just 16 months in office he is responsible for nearly $2.4 trillion of that total.  And it is true that just after World War II our debt to GDP ratio was higher (120 percent) than it is now.  But, honestly our national debt is much higher than $13 trillion that Uncle Scam reports.  We have to take into account the future unfunded liabilities of Social Security and Medicare.  When those future commitments are added in the current debt to GDP ratio is off the chart at 435 percent.  Even if we only consider the bogus government debt number of $13 trillion, when Bernanke and his counterfeiters at the Fed eventually raise interest rates significantly to combat the hyper-inflation caused by their fraudulent acts the interest on the debt alone will bust the federal treasury.  Foreign lenders will disappear and the French Revolution will look like a walk in the park compared to what will happen on American streets.

And after President Obama is done making most Americans dependent on Washington the austerity measures that will have to be enacted will cause serious civil unrest from coast to coast.  It was reported by USA Today this week that pay from private business decreased to its smallest share of personal income in U.S. history in the first three months of this year (so much for economic recovery).  Meanwhile, during the same time period government programs like Social Security, unemployment insurance, and food stamps rose to record highs.  I understand that we have just experienced the worst economic downturn since the Great Depression and these numbers should not be unexpected, but according to the administration we have been in a recovery for some time now, thus I would think the number of folks on welfare should be lessening not still increasing. 

The reason they are increasing is because the Obama Administration has a goal to build the welfare state like we have never seen it before.  Remember when Bill Clinton proclaimed, "We've ended welfare as we know it"?  That was a lie, but at least his reforms put time limits and other restrictions on receiving welfare.  Since the legislation was passed in 1996 welfare caseloads have decreased by 70 percent, child-poverty rates have dropped, and teen pregnancies are down.  Folks from across the political spectrum agree that Clinton's reforms have helped the poor get on their feet in a humane manner. 

While the restrictions are still in place, starting with his so-called $862 billion stimulus package last year Obama has changed the way states receive welfare subsidies from Washington.  The Feds now pay states 80 percent of the cost for each new family added to the welfare rolls.  No longer do states have an incentive to drive welfare recipients into the job market.  To prove further that Obama wants a permanent underclass in America his budget projections show that he intends to spend $10.3 trillion on welfare for the 10 year period FY 2009 to FY 2018.  The question that has to be asked is: why is Obama so bent on destroying successful welfare reform and putting so many more folks on the public dole at a time when our treasury is so busted?  Perhaps this question and why it is that he wants to grant citizenship to illegal aliens have the same answer - to make the Democratic party the dominant party in American politics for a long time to come.  In any event, when the collapse comes all those on government benefits will have to find sustenance elsewhere.  Recent events in Greece are a preview of what could be coming to America.

Gargantuan debt and an expanding welfare state are just two reasons a large majority of Americans believe the country under Obama is on the wrong track.  Then, there are also the matters of illegal immigrants and expanded wars in the Middle East.  If only the liberal pundits and media would focus on the events that are destroying America instead of a gotcha interview with a Republican nominee for the Senate.  Then again, maybe that was the liberal establishment's ploy all along – to distract the rest of us from reality?

Kenn Jacobine teaches internationally and maintains a summer residence in North Carolina    

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©2010 Kenn Jacobine, all rights reserved. You must have written permission from the author in order to republish this work.
Published: Saturday, May 29, 2010
Last modified: Saturday, May 29, 2010

The views expressed in this article are those of Kenn Jacobine only and do not represent the views of Nolan Chart, LLC or its affiliates. Kenn Jacobine is solely responsible for the contents of this article and is not an employee or otherwise affiliated with Nolan Chart, LLC in his/her role as a columnist.

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Posted By: Billy Roper
Date: May 29, 2010   01:04:35 PM

From the headlines: Could anyone call this FAIR reporting???

Rand Paul, son of Texas' Republican U.S. Rep Ron Paul who is running for the U.S. Senate in Kentucky told a Russian TV station that he wants to block citizenship for children born in the United States to illegal aliens, a move that would require amending or overturning the 14th Amendment to the Constitution, which guarantees citizenship to everyone born in the U.S.

From the U.S. Constitution Amendment 14:
Section 1. All persons born or naturalized in the United States and subject to the jurisdiction thereof, are citizens of the United States and of the State wherein they reside. . ... ..

So, if the parent/parents are illegal aliens who are NOT under the jurisdiction of the U.S. then their children born in the U.S. are NOT under the jurisdiction of the U.S. either. AND, why hasn't this been to the Supreme Court?

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Posted By: Whimsy1
Date: June 3, 2010   02:52:47 PM

I believe most have agreed that this country is heading in the wrong direction for the past umpteen presidents. Obama is not destroying this country any more than George W Bush, Bill Clinton, George Bush I, Jimmy Carter, Ronald Reagan, ad infinitum.

Whichever political party is in the whitehouse is the scapegoat for all Americans who don't go to the polls in all elections, whether federal, state, or local and make their wishes known and acted upon.

I agree this country is headed in the wrong direction. It's because of greed, anger, liars and apathy, not political persuasion. We have become a nation of finger pointers and name callers and conveniently forget any truth not relevant to our political ideology.

Shame on us.

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Posted By: Maria Folsom
Date: June 5, 2010   11:20:47 PM

We've also forgotten the concept of individual freedom. We've forgotten that the government who gives you what you like at the expense of other people can also take away what you have to give to other people. As Whimsy1 says, greed, lies, class envy, but also stupidity abound in this country.

Nice article, Kenn.

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