Authored by William Robert Barber
We have an economy larger than China and Japan combined — and we still need to sell debt instruments to foreign entities in order to meet our spending requirements?
Let’s think about this self-imposed conundrum… This nation protects the trading interest, the physical properties, and lives of millions of people who reside within the “providence” of the Free World. We are a very real martial hesitation for any aggressor; in fact, we, along with Canada, England, and Australia are the only true deterrent to any overt military threat whatsoever.
We are the largest consumer nation that has ever existed and withstanding our fiscal issues and unsustainable national deficit, we are still the transactional envy of the world.
If all is as I describe, how did this nation put itself in the position that it finds itself in 2011? How could we have so tangible a resource and yet be so very dependent on foreign nations purchasing our debt? Presently our national debt is 1.6 trillion dollars. Imagine the interest payments! The people of this nation are consuming benefits by borrowing money from foreign sources. We are caught up in this fiasco of counter-intuitive intercourse because we lack the managerial wherewithal or fiscal discipline to reduce our spending while living within the means of our tax revenue.
The grand question is: How in the hell did this happen? Why is it that America lacks the managerial wherewithal and fiscal discipline to straighten out its mess?
Over the last hundred years we have allowed the illogical influence of socialists, progressives, liberals, Epicureans, sophists, academia recluses, and the ideologically naïve into convoluting the very ethos of American governing tradition. The result is a legislative approach that champions a doctrine that government knows best, a presumption wholly void of empirical evidence.
As a nation we have traded leadership for a benign-sort of followship. Wherein legislators blend, compromise, affiliate, and with purposeful intent have collectively deduced that it is much safer (reelection considerations) to hide within the majority of opinions than to step forward and be distinguished. Because there is a human empathy for the commonality of behavioral dysfunction, tragedy, financial inequality; a differing of social and cultural upbringing. Many of the elected, in the interest of buying votes, have decided that government should fund entitlements, grants, and loans as well as all sorts of social, educational, and economic development programs to right any and all wrongs that could possibly be attributed to anyone not born into a financially functional family.
Obama has just put forth his budget; he has chosen to follow instead of lead. Rather than addressing the issues of the day he is playing the political game of 2012 reelection. He is the quintessential follower posing as a leader — he is a spokesperson, a representative of a political ideology — nothing more. Leadership is a distinctive trait; one knows it when one sees it. A leader embodies confidence, takes all the responsibility, and knows he or she has just one obligation, and that is to be right. Obama and his confederates are lost in the ‘wilderness of wish-it-was-so;’ they are the weight around the ankles of self-determination, self-reliance, and values that aggregate to form American exceptionalism.
We do need to rid this nation of the Obamas of the world; the election right around the corner, opportunity is nearby… but conservative principled leadership is required!