At a fundraiser in Milwaukee on Monday, President Barack Obama said in a speech, “Let’s reach for hope.” Apparently hope is all he has left.
While he “inherited”—a word he loves to use as if the economic woes of the country came to him by surprise—an economy that was in freefall due to Federal Reserve interest rates set at near zero and government policies that benefited Wall Street and Big Banksters while absolving them of risk, he supported most of those policies while a back-bencher in the United States Senate.
Obama has officially been president for 19 months, and his economic team began working hand-in-hand with the George W. Bush administration immediately after the November, 2008 elections. Everything done subsequently that has created the almost $2 trillion deficit and deepened and prolonged the recession lays at his feet.
He can hope things get better before the November elections. He can hope his economic advisors will get a good surprise for a change. He can hope his (and Michelle’s) summer vacation continues.
Our hope is that enough awakened voters hit the voting booths in November to stop the train wreck that is Obama and a Democrat-controlled Congress.
While Obama urges his followers to reach for hope, right thinking Americans will soon be able to make a change.