Monday, February 11, 2013

The Worst Five Years Since the Great Depression

Well, the results are in, and under President Obama the American people have now suffered the worst 5 years since the Great Depression - Peter Ferrara/Forbes
No, Obama apologists can’t say the recovery has been so bad because the recession was so bad, as the American historical experience is the worse the recession the stronger the recovery. Obama was poised to be a national hero given his perfect timing, with the typical post recession boom starting in his first year. Obama and his people were expecting to ride that glory, with their statements regarding a supposed recovery summer in 2010, and Obama himself saying on national TV in 2009 that if he didn’t get the recovery going within 3 years, he would be a one term President. They knew the history.

And, no, you can’t say this time was different because it was a “financial crisis.” Every recession involves a financial crisis, and still the worse the recession the stronger the recovery. That financial crisis excuse is just boob bait propaganda for the gullible. Every other recession and recovery in America since the Great Depression has followed the above described patterns. But not this time, because Obama was busy transforming America from the most prosperous nation in the history of the world, into another banana republic.
The Worst Five Years - Steve McCann/American Thinker
As the mainstream media unabashedly cheered, Barack Obama was inaugurated for a second time as President of the United States. He and the American left, in alliance with the media, have it made clear that, in a second term, their primary agenda items are to permanently embed so-called "social justice" into the fabric of the nation and to destroy an enemy worse than radical Islam: the American conservative movement -- the fate of the country or the people be damned. They have already traveled a considerable distance in making life far worse for the average American as they follow in the failed footsteps of their ideological forefathers.