Obama’s America
President Obama has succeeded in transforming America. The constitutional republic is dead. A socialist empire has been born. This is the true meaning — and historical significance — of Tuesday’s election.
From the outset of his presidency, Mr. Obama vowed to be a “transformative” leader. His re-election shows that he has achieved his primary goal: erecting a European social democracy.
By any objective measure, Mr. Obama’s first term has been a colossal failure.
- His signature legislative achievements — the economic stimulus and Obamacare — are unpopular.
- Unemployment has remained chronically high.
- Economic growth is sputtering.
- The recovery is anemic.
- Inflation is rising.
- He has presided over multiple, consecutive trillion-dollar-plus budget deficits.
- He has amassed more than $5 trillion in debt.
- The national debt is more than $16 trillion — a staggering amount that threatens our economic security.
- We are sliding toward Greece and impending bankruptcy.
Yet the electorate rewarded him with another term.
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