Friday, July 6, 2012

There’s Battle Lines Being Drawn

"This year’s presidential election is shaping up as the starkest choice since 1980, a year with which 2012 has much in common. (OK, 1984 was a stark contrast too, but with a foregone conclusion.) The Obama administration tells voters that 8% unemployment and 15% underemployment is the new normal. Monthly job reports that indicate regression–80,000 jobs are not enough to keep up with new entrants into the job market, so a report like today’s means that we are sliding backward, not moving forward–constitute “a step in the right direction,” according to Barack Obama. We have been taking such steps in the “right direction” for going on four years, and the result has been economic disaster. It is no surprise that only 30% of likely voters say the U.S. is heading in the right direction.

If you think “the private sector is doing fine,” then you probably also think that steadily losing ground, with more and more Americans facing economic distress, means “moving in the right direction.” Actually, the only ones who think we are moving in the right direction are those who want to increase dependence on government." [Power Line]

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