December 3, 2015

Presidential Legacy At Risk




[From article]
He boasts a rather impressive legacy, in the negative column. How many presidents, after all, have managed to increase federal spending by one-fifth and the national debt by two-thirds? What president can compete with him on having expanded presidential power via executive action, often without legal authority? Next to him, Nixon and LBJ look like schoolgirls. And who even comes close to his electoral record? Under Mr. Obama, Democrats have lost 69 House seats, 13 Senate seats, both houses of Congress, 12 governorships, 30 state legislative chambers, and more than 900 state legislative seats. Let no one say this man was inconsequential.
[. . .]
Our 44th president is as a political albatross and increasingly reminds one of the hapless Jimmy Carter in his final, miserable days. Indeed, the parallels with 1980 are eerie: Russia on the march, Iranian mullahs chanting “Death to America,” the economy stuck in the doldrums -- and so on.
[. . .]
The list is seemingly endless
[. . .]
A Third Iraq War is no longer out of the question, and would be an ironic legacy for the 2009 winner of the Nobel Peace Prize. Prognosis: war.
A nuclear Iran. [. . .] Prognosis (for Israel): poor.
[. . .]
Although Democrats are celebrating the fall of headline unemployment below 5 percent, the real unemployment rate is closer to 10 percent.
[. . .]
Even if the Fed holds off for now, the deficit, which is currently $439 billion, is expected to rise to $540 billion by 2020.

 

[. . .]
If the costly new [EPA] rules aren’t stopped, U.S. coal-fired power plants, and affordable energy prices, can be expected to undergo manmade extinction.
[. . .]
This month UnitedHealthcare, the nation’s largest insurer, announced it has lost so much money on Obamacare, it will pull out of the program altogether unless it receives a multi-billion-dollar bailout. And then there’s the Cadillac Tax, a grand time bomb ticking away in the background and scheduled to go off in 2018.
[. . .]



Over the past decade, the food stamps program has nearly doubled in size from 26 million to 46 million recipients (one in seven Americans) and more than doubled in cost from $29 billion to $64 billion a year.
[. . .]



SSDI enrollment has exploded over the past twenty years from 2.8 percent of the working-age population to 5.1 percent; lax rules have morphed the program into a form of unemployment insurance. For Democrats, the only entitlement “reforms” they’ll discuss are proposals to make the programs bigger
[. . .]
in the wake of the riots in Ferguson and Baltimore -- racially charged tragedies that Mr. Obama has tried to exploit for partisan gain. [. . .] Prognosis: mayhem.
[. . .]
Freedom of speech, religious liberty, the rights of conscience, and even intelligible grammar and clear thought, must all be sacrificed to the gods of sexual liberation. Prognosis: sustained unpleasantness, with a chance of civil unrest.

http://www.americanthinker.com/articles/2015/12/obamas_real_legacy_ten_ticking_time_bombs.html

December 3, 2015
Obama's Real Legacy: Ten Ticking Time Bombs
By Dean F. Clancy

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