Obama's Legacy: Americans Unsure about the Future

by the Left Coast Rebel

Bloomberg did some polling recently that shows that Americans as a whole are completely unsure about the future of America:

Dec. 9 (Bloomberg, Memeorandum) -- More than 50 percent of Americans say they are worse off now than they were two years ago when President Barack Obama took office, and two-thirds believe the country is headed in the wrong direction, a Bloomberg National Poll shows. A separate Bloomberg poll shows a majority of Americans are dissatisfied with the nation’s independent central bank, saying the U.S. Federal Reserve should either be brought under tighter political control or abolished outright. Bloomberg's Erik Schatzker and Deirdre Bolton report. (Source: Bloomberg)
Objective analysis of the Great Depression shows that it was not the stock market's epic crash that caused the nation's economic conditions but rather the "crisis of confidence" that the progressive, collectivist, Keynsian central planners in the Roosevelt administration caused. Amity Shlaes' eye-opening book The Forgotten Man paints this picture.

A crisis of confidence is precisely what we have today and it lays at the toothy-grinned desk of a guy that thinks he can command and control a freedom-loving nation of 300 million, while he can't even stop smoking, himself.

Socialism stinks

2 comments:

  1. "a majority of Americans are dissatisfied with the nation’s independent central bank, saying the U.S. Federal Reserve should either be brought under tighter political control or abolished outright."
    Since the start of the "Fed", the value of the dollar has gone down and the national debt has gone up. IMO this is our biggest problem! Another failed Govt program? Not for those that own this "private company"!
    The very reason given for giving the Fed a charter, "to maintain the stability of the financial system"... Fail!
    (That fly is waiting for more fecal matter to gush out.)

    ReplyDelete
  2. Indeed, John - fecal matter, verbal socialist diarrhea, it's all the same..

    ReplyDelete

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