Hillarysworld

Hopefully, it will be LESS than one term, but this is a good start!

A Failed, Single Term?

by Jeffrey Kuhner

"President Obama is on the way to joining an exclusive club. It is the club of failed one-term presidents.

"During the presidential campaign, Mr. Obama sold himself as a pragmatic moderate. In fact, he is the very opposite. He is an internationalist socialist whose policies will lead to ruin at home and defeat abroad. They will also doom his re-election efforts. He is flirting with political disaster.

[snip]

"Mr. Obama is the anti-Clinton. He is a leftist ideologue who has surrounded himself with radical and inept advisers. Mr. Clinton had political counselor Dick Morris and Treasury Secretary Robert E. Rubin. Mr. Obama has David Axelrod and Timothy F. Geithner.

"As a result, Mr. Obama's presidency is starting to look like the worst in 100 years. His $787 billion fiscal stimulus has failed to restore economic recovery. Unemployment remains high. Growth is anemic.

"His massive spending is projected to yield record budget deficits of $1.8 trillion this year and $1.3 trillion next year. Over the next decade, according to the Obama administration's own estimates, the debt will explode by more than $10 trillion. These soaring deficits threaten to cripple our long-term prosperity and economic security. No country has sustained this kind of massive borrowing and spending without becoming a second-class nation. America is going the way of Argentina.

"Mr. Obama's government-run health care plan is too expensive: It will saddle taxpayers with more than $1 trillion in costs. If enacted, it will do what socialized medicine has always done: ration care, extend waiting lines to visit a doctor and deny lifesaving, costly treatment to those deemed the weakest and most unproductive members of society -- the elderly. It is why so many seniors rightly oppose Obamacare.

"National health care will force Mr. Obama to break his tax pledge. His signature campaign promise was not to raise taxes on families making less than $250,000 a year. However, Mr. Obama has boxed himself in, vowing that any health-insurance overhaul must be paid for without adding to the deficit. Hence, his administration is exploring soak-the-rich schemes such as higher income and capital gains taxes and a "wealth surtax." The problem remains that even these policies can't generate nearly enough revenue to fund Mr. Obama's ambitious expansion of the welfare-entitlement state.

"This leaves him with only one option -- raising taxes on the middle and working classes. Already, key administration officials are considering a 10-percent national sales tax, also known as a value-added tax (VAT). In other words, a European-style health care system inevitably leads to European-level taxation -- and, consequently, European-style high unemployment and low growth rates. "

I'm trying to get the link on this, which I originally got from FreeRepublic.com, but all it's giving me now is this:

http://mobile.washingtontimes.com/

Weird!!