My latest Townhall column is called, 5 Problems With America That Have Given A Mediocrity Like Obama A Chance To Be Reelected. Here’s an excerpt from the column.
Barack Obama is a small little man trying and failing to do a very big job. He has been one of the worst, if not the worst President in American history. Based solely on his performance, Barack Obama should be losing this election in a 50 state landslide. Yet, here we are going into the final week before the election and Mitt Romney is barely ahead in a nip and tuck race. Could that be because some people don’t like Romney? Sure, but there’s a lot more going on and no matter who wins this election, the Republican Party and the conservative movement need to start addressing the underlying structural issues that are allowing a mediocrity like Obama to compete for the presidency despite the fact that he’s proven beyond a shadow of a doubt that he’s unworthy of the office.
1) Cheap Borrowed Money: On an intellectual level, most Americans may be able to comprehend that the country is in deep financial trouble, but they’re not feeling the squeeze. Part of that is because Western Europe is having its own financial troubles and it’s driving cheap borrowed money here, but it’s also because the Fed is playing sleazy financial games to cover up our weakness. Interest rates are being kept artificially low and in 2011, the Fed bought 61% of our debt. So, we have a 16 trillion dollar debt we can’t pay for, we’re running a trillion dollar plus deficit a year, people from both parties say it’s “unsustainable,” and yet the public isn’t being forced to make any hard choices at all. Essentially, the only thing of significance we’ve agreed to cut in the last four years is the military budget and both Obama and Romney agree those cuts will never happen. It’s hard to convince the public that there’s an impending crisis when Republicans are calling for tax cuts, Democrats are calling for more spending and everything seems to be humming along just like it always has.
Once again, you can read it all here.