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NUGENT: Presidential master of economic disaster
Obama proves again that liberals precipitate financial free-fall
President Obama still doesn’t get it. In his weekly radio address, he stated, “We’ve got to put politics aside to get some things done. That’s what the American people expect of us.”
It isn’t political rancor that is killing the American economy; it’s the president’s economic policies and beliefs. The United States of America is clearly much too big a community for the community organizer to organize.
The president knows that. It’s also becoming abundantly clear to the producers of this country that Mr. Obama is not on their side, which is why the free market has never trusted him. Speak with any small-business person, and he or she will say the same: Mr. Obama is bad for business.
The president is a big-government, borrow-and-spend, high-taxes politician. He was rated as one of the most liberal senators in America before he was elected president, and he remains an avowed big-government liberal in the White House.
Professor Nuge’s Economic Principle No. 1: Liberals and their policies are always bad for business, especially for small businesses.
Professor Nuge’s Economic Principle No. 2: See No. 1.
Getting the country back to work would require a fundamental shift - a tectonic shift, to be exact - in the president’s economic policies. He won’t do that for a couple of reasons:
First, he doesn’t believe in or respect the free market, nor does he or anyone close to him have any private-sector experience. Second, he would run the very serious risk of driving his left-wing base even nuttier than it already is, which would provide us quite the hoot, but not right now.
So by sticking to his liberal, anti-business agenda, the president is lowering himself into the economic wood chipper, to be spit out 15 months from now as another clueless liberal who did his best to wreck America with anti-free-market policies. Remember Mr. Peanut Head from Plains, Ga.? I got your fundamental transformation right here, Bozo.
As many Americans are finding out, the hollow hyperbole of hope and change won’t make a house payment or put food on the table.
The financial markets also are reacting. The stock market is sliding south, which is eroding the financial nest eggs of Americans; real unemployment and underemployment are nearly 20 percent; and Standard & Poor’s just lowered America’s credit rating for the first time in our nation’s history. The hits just keep coming.
None of this would be happening if the president understood my Economic Principle No. 1 and knew the fundamentals of leadership. Sad to say, our president is an economically clueless ideologue who has never seen a free-market principle that he didn’t believe could be managed better by government.
Meanwhile, “Say It Ain’t So, Joe” Biden has his foot cemented in his mouth, as usual. Just the other day, he referred to Tea Partyers as terrorists. Here’s a terrifying thought: This national embarrassment is just a heartbeat away from the Oval Office.
The Tea Party believes and, in fact, knows that the federal government has grown too big and borrows and spends too much, which ultimately crushes the free market. Truth is, “Say It Ain’t So,” Joe, the president and the GOP could learn much from the Tea Party.
Both political parties have dug a deep financial hole for America. Don’t give these clowns any more shovels. Instead, give all the big-government politicians pink slips in November 2012. Take no excuses, and don’t trust any of them.
About the Author
Ted Nugent is an American rock ‘n’ roll, sporting and political activist icon. He is the author of “Ted, White, and Blue: The Nugent Manifesto” and “God, Guns & Rock ‘N’ Roll” (Regnery Publishing).
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