"The house we hope to build is not for my generation but for yours. It is your future that matters. And I hope that when you are my age, you will be able to say as I have been able to say: We lived in freedom. We lived lives that were a statement, not an apology."


Tuesday, July 02, 2013

The Age of Obama

Nearly five years after the crash of '08 employment still hasn't returned to pre-recession levels, yet the president's legislative focus, as is becoming typical to his presidency, is on something other than the economy.  In his first term it was Cap & Trade and Obamacare, now it is the old stalking horse of "comprehensive immigration reform."  It has passed the Senate, probably will not pass the House, and either way it will not fix the immigration problem (it will probably exacerbate it long-term) and it certainly will not help the economy (we do not suffer from a paucity of cheap labor).  Nothing continues to be done to encourage economic growth and job creation -- or to address the reasons both are so negligible -- and the economy continues to limp along on the "new normal" of stagnation and malaise. 

The Age of Obama, at its core.

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