“As Washington seizes control of more economic decisions, millions more Americans become dependent on government to negotiate their pay and supplement their shrinking incomes with food stamps, Medicaid, ObamaCare subsidies and the like.” – By Peter Morici at Fox News
I call it the insane factor. The things our government is doing are so insane that people do not really believe it or are so overwhelmed they tune out. This article by Peter Morici at Fox News gives a little peek behind the curtain at what Ozbama is doing to (as he promised) fundamentally transform America. ~ Editor
“like everything else the administration is doing, in producing a society in which government rather than individuals controls our production of everything, and thus our lives. …..
Environmentalists and the president also offer the preposterous claim that CO2 regulations will lower electricity rates and make U.S. manufacturing more competitive. ……
the Transportation Department is micromanaging the auto sector. Through ObamaCare, Medicare and Medicaid, the Health and Human Services Department controls how doctors practice medicine and how hospitals are run. Through Dodd-Frank, the Treasury and Federal Reserve micromanage banks and are forcing smaller banks to sell out to larger regional and Wall Street banks. And by linking grants to states to the Common Core curriculum, the Education Department is wresting control of schools from local boards. The list goes on. ……
…. the consequences for U.S. living standards have been devastating.
Also please consider:
Obama’s 1st Term: Real Median Income Down $2,627; People in Poverty Up 6,667,000; Record 46,496,000 Now Poor
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