Be Careful What You Wish For...

It is quite clear to me that most Americans are attempting to escape the
unpleasantness of reality by ignoring the obvious problem at hand. That
problem is the steadily growing lack of fiscal and moral responsibility that is
exemplified by our current president and those who are on his side. Many
people I know are avoiding the obvious by arguing that the current president
and his administration have done a partially good job and will complete what
has been started in his next administration. That argument also includes snide
swipes at Mitt Romney, saying he is a rich uncaring rich guy. Some Americans
accept this point of view without question. Most refuse to look at the real
problem. That kind of escapist thinking could bring our republic down.

In order to understand what has happened people need to understand that in
the first two years of President Obama’s presidency, he and the congress tried to
copy FDR’s New Deal that was supposed to fix the great depression. Obama and
his cohorts did a very poor job of it with their greedy stimulus package and lack
of transparency. Obama took the same course as the New Deal of the 1930’s
that lasted for about twelve years. The reasons it lasted so long are clearly
described in two books: one called The Forgotten Man and another called FDR’s
Folly. History has been kind to Roosevelt in the thirties and only now, many years
later, has it become known that the great depression was extended for many
years because of FDR’s policies of bigger government and political favoritism.
There was even another depression of almost the same intensity in the late
thirties that was not covered by the media.

The Obama administration has pursued those same new deal policies and the
result has been a recession that has lasted 4 years to date. Most recessions/
depressions end much quicker than that. Only FDR’s New Deal lasted longer
and it resulted in war. If Obama is re-elected he will pursue those same failed
policies. The result clearly will be an extended recession/depression with the
real possibility of another crash. Obama and his cohorts have not learned from
history. Be careful what you wish for, you may get it.

_________________

Floyd Sours is a clinical psychologist who was a small business owner in the
Columbus area for many years. He is now partially retired and lives in Zanesville,
Ohio with his wife. He can be contacted through his Burnt Offerings website or at
facebook or twitter.