A Quote by Victor Davis Hanson
Almost every key indicator of the current economy - unemployment, deficits, housing, energy - argues that Obama's reactionary all-powerful statist approach has only made things far worse.
Related Quotes
The economy is better than the one President [Barack] Obama inherited, and unemployment is lower, but the unemployment rate gap remains large.
We have made progress from where we were when President Obama took office, when the economy - our economy had just contracted almost by nine percent.
We simply have to transition from an economy based almost exclusively on oil and coal and natural gas to one that's far more diversified, that uses solar energy, and wind energy, and the power of the tides, and bio-mass energy, and eventually, develops hydrogen.
The party in power almost always unapologetically engages in deficit spending, while the other party argues passionately against the evils of debt and deficits.
Larger deficits are necessary and proper means to mitigate unemployment as the far greater evil in terms of human welfare.
As Eric Weitz argues, the Weimar Republic (1919-1933) was not responsible for the Reich; it was a democratic, socially aware and progressive government, way ahead of many other European governments in its introduction of workers' rights, public housing, unemployment benefit and suffrage for women.
I think the best thing we can do is sell that idea of smaller government - of fiscal responsibility vs. the Obama record. Obama made promises, and on every promise in which he's actually delivered, things have gotten worse instead of better. He said if we get ObamaCare it'll help, but health care prices went up.
Racism is worse than ever. Violence is worse than ever. The economy's worse than ever. Unemployment's worse than ever. And it's Democrats that have been running the show, with the first African-American president at the top of the heap, and it didn't get any better?
I am opposed to Obama's efforts to destroy the American economy. I'm opposed to Obama's efforts to so-called fix the health care system. I'm opposed to the way Obama wants to go about fixing unemployment.
Housing has always been a key to Great Resets. During the Great Depression and New Deal, the federal government created a new system of housing finance to usher in the era of suburbanization. We need an even more radical shift in housing today. Housing has consumed too much of our economic resources and distorted the economy. It has trapped people who are underwater on their mortgages or can't sell their homes. And in doing so has left the labor market unable to flexibly adjust to new economic realities.
Anything that's done to address unemployment in terms of massive stimulus spending is going to exacerbate deficits. And anything that's done to address deficits in the short-term is going to exacerbate unemployment.
President Obama's policies have been categorical failures for our country. Unemployment is over nine percent, our deficits are growing, and small businesses are being burdened with regulations.
Mr. Obama denounced the $2.3 trillion added to the national debt on Mr. Bush's watch as 'deficits as far as the eye can see.' But Mr. Obama's budget adds $9.3 trillion to the debt over the next 10 years. What happened to Obama the deficit hawk?
Politics thrives on simple, clean messages, something that played to Obama's advantage in 2008. Stagnant unemployment and the loss of America's AAA rating are as simple and tough as they come. This is the economy on Obama's watch, and there's no one left to blame.
There's no free lunch. If you want an industrial economy, you need energy. If you want energy, it will produce pollution. You can have it in two forms. You can have it dissipated in the atmosphere - like carbon dioxide - which then you cannot recover, or you can have the waste concentrated in one small space like nuclear. That is far easier to deal with. The idea that you can be able to create renewable energy at a price anywhere near the current price for oil or gas or coal is a fantasy.
America needs a new approach to boost the economy - one that does not doom future generations to being saddled with paying off today's federal deficits.
Related Authors
Alexis de Tocqueville Quotes
French
Historian
Daniel J. Boorstin Quotes
American
Historian
David McCullough Quotes
American
Historian
Edward Gibbon Quotes
English
Historian
Hannah Arendt Quotes
German
Historian
Henry Adams Quotes
American
Historian
Herodotus Quotes
Greek
Historian
Howard Zinn Quotes
American
Historian
Linda Colley Quotes
British
Historian
Livy Quotes
Roman
Historian
Michel Foucault Quotes
French
Historian
Robert Dallek Quotes
American
Historian
Tacitus Quotes
Roman
Historian
Tariq Ali Quotes
Pakistani
Historian
Thucydides Quotes
Greek
Historian
Will Durant Quotes
American
Historian