The Horse Sense Blog compares the nonsense in today's news with good ol' fashioned horse sense


“…I shall speak forth my sentiments freely and without reserve.… It is only in this way that we can hope to arrive at truth, and fulfill the great responsibility which we hold to God and our country. Should I keep back my opinions at such a time, through fear of giving offense, I should consider myself as guilty of treason towards my country, and of an act of disloyalty toward the Majesty of Heaven, which I revere above all earthly kings.” - Patrick Henry, March 23, 1775


"The further a society drifts from truth the more it will hate those who speak it." - George Orwell

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Monday, June 11, 2012

Obama: The Confused President

Here’s the Nonsense:  President Obama is working hard to offer solutions to get America out of the mess we’re in.  He’s already been so successful that the private sector is in good shape. (Or maybe it isn’t.  It depends on which speech of his you listen to.)

Here’s the Horse Sense:  President Obama has just shown in a glaring example that he has no idea what is wrong in America or how to fix it.  To him this is all about politics and power, not about actually helping the citizens of America.

When you really don’t understand something you’re confused or in over your head.  That appears to be what our president is going through.  President Obama says the private sector is doing fine then says we desperately need his jobs bill.  Which is it?  He’s so confused about the economy that it’s apparent that he doesn’t know what to do.  The fact is we would be better off if he would do nothing than anything he has come up with.

Last week President Obama said the private sector is doing just fine. Funny, I don’t hear businesses saying that.  With the exception of a few here and there, most businesses are still struggling in this economy.  Of course we’re supposed to think we’re well into a recovery but I guess no one has told American businesses that yet.  Jobs are still in terrible shape.  The real unemployment rate is nowhere near the 8% or 9% figures the government would have us believe.  They have manipulated the way they calculate the numbers so much that only certain unemployed people qualify to be counted.  Places like shadowstats.com show us the unemployment numbers are well into double digits (some reporting as high as 23%), but we’re supposed to feel good when we see the phony government numbers.  I guess it’s more important to try to make the administration look good than to tell the truth to the American people.

As it was reported in the Washington Free Beacon, Mr. Obama regrouped his thoughts last week and decided that maybe the private sector isn’t doing so well and he called on Congress to pass his proposed “jobs bill” which is really just another stimulus package that would ultimately cost Americans another $450 billion over the course of a year.  That’s right, it’s another stimulus!  And we all saw how far the previous stimulus got us!  We’re further in debt than any nation in history and to a point where it is questionable whether we can ever get out of it.

Let’s see, didn’t Einstein say that doing the same thing over and over again while expecting different results was the definition of insanity?  Then I guess we have insane leaders because they actually think this will work. 

In my new book, No Tomorrows, How to Halt America’s Imminent Collapse and Return to the American Dream – And Why It Must Start With The 2012 Elections, I talk about the core problems our nation faces and how we must fix them.  Our economy is one of our core problems and we have a president who doesn’t even understand what’s wrong, let alone how to fix it!

I was on a talk radio program a few days ago and the host said to me that the economy is a hard thing to understand and that experts on both sides disagree about it.  My response is that it isn’t hard at all.  Sure, maybe the details of economics and economic policy are complicated.  And people usually don’t want anything to do with the use of math so they avoid it.  But the fact is that the basics of what is happening in our country are as simple as basic math.

In my 37+ years in business, both owning my own businesses and running them for others, I have learned a thing or two about how money works.  One thing I learned long ago is that you cannot spend more than the amount of income you have coming in.  It doesn’t matter if you’re a family, a business, or even a country.  No matter what some fool in the media buys into from the ideology-driven economists that are used to push the agenda of the politicians, it’s quite simple. 

Until our nation decides to get serious about our debt there is no hope of long term prosperity for America.  We are seeing a loss of wealth unlike that seen in our lifetimes and this is just the beginning if we don’t stop the madness.  According to a recent article in the Washington Post, “The Federal Reserve’s detailed survey of consumer finances showed families’ median wealth plunged from $126,400 in 2007 to $77,300 in 2010 — a 39 percent decline. That put them on par with median wealth in 1992.”  That is just the beginning.  It can do nothing but get worse unless we solve this problem.  And it won’t get solved with most of the people we have in office now.  Most of our elected leaders are not true leaders.  They have spent us into oblivion and it’s time both sides of the aisle have a serious shakeup.  In No Tomorrows I show just what kind of people we should be electing to leadership.  True leaders will take on our problems head-on and solve them.  They will turn America back to prosperity and restore the American Dream for future generations.

The question Americans have to ask themselves is how important is the future of their children and grandchildren?  Will we subject them to lifetimes of a low standard of living on the level of pre-Depression era or even 19th century era living or will we take the necessary steps to restore America to the greatness it once knew so they can have the opportunities, freedoms and prosperity we have known in our lifetimes?

It’s your decision and it must start with this election.