American Thinker
By Only now -- five years into his presidency -- are we seeing some cracks in the protective shield surrounding President Obama, and then only after the abuse of reporters' privacy has been threatened. Mainstream journalists have not scrutinized his controversial policies, nor have they held him accountable for questionable actions that have caused outrage among fair-minded critics and produced irreparable harm to the nation.
Some facts are irrefutable, but the president has, by and large, deflected all blame and few in the media have dared question his policies and actions. Investor's Business Daily reports that we are becoming a welfare state. The Census Department reported this week that almost half (49 percent) of Americans (151 million) are on federal aid. The U.S. has spent nearly $4 trillion ($3.7) on welfare over the past five years -- that is five times greater than the money spent on transportation, education, and NASA, combined. Further, more than 70 percent of all federal spending goes to assistance programs, and the Congressional Budget Office projects that welfare spending will rise 80 percent over the next decade. Even with all that spending, though, 46.5 million Americans live in poverty and nearly half of all Americans pay absolutely no federal income tax. It doesn't take an economics genius to realize that with the nation's debt at $17 trillion and with more than $50 trillion in unfunded liabilities, we are in deep economic trouble. In short, the buck stops with President Obama when it comes to assessing blame for "the weakest recovery from a recession in modern American history."
In the face of such dire statistics, it is instructive to review the president's economic performance to date. President Obama has been late in turning in a budget to Congress in four of the past five years. Current "solutions" to the fiscal crisis are to print more money, raise taxes, and, in the process, weakened the American dollar, threatening its status as the sole world reserve currency.
The president's signature legislation -- his legacy, if you will -- is ObamaCare. This massive health insurance legislation, taking over one-sixth of the American economy, was forced on the nation through a straight party-line vote. While the president constantly chided the Congress for not "negotiating" or being unwilling to be "bipartisan," President Obama himself was unwilling to talk with Republicans and repeatedly stated that "He Won" the election and "shouldn't have to offer anything."
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