Wednesday, January 21, 2015

Restate of the Union

President Obama sure is consistent. His State of the Union address sounded like his other speeches: What I've done is great! America is in a much better position. We've created a manufacturing sector that's adding jobs. More oil is produced at home. I cut deficits in half!
Give me a break. The deficit is lower now not because of any prudence on Obama's part but merely because the $800 billion stimulus spending blowout didn't continue. All the president does is increase spending: free community college, free Obamaphones, free birth control, etc. Yes, our annual deficit is lower, but it's still $488 billion! Our $18 trillion national debt increases by $3 million every minute!
Yes, more oil is produced at home, but that's in spite of the administration. Oil production is down on public land.
Yes, the manufacturing sector added jobs, but that's mostly because of cheaper natural gas created by fracking, which Obama's cronies opposed. Also, America is finally recovering from recession. Obama's policies probably slowed that recovery.
Does the President delude himself when he takes credit for oil production, lower deficits, etc.? Or does he mislead on purpose? I don't know.

http://townhall.com/columnists/johnstossel/2015/01/20/restate-of-the-union-n1945720 

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