In 2011, when S&P downgraded the credit rating of the U.S. for the first time in our country’s history, President Obama gave another speech. It was a good speech, as far as speeches go—he is an outstanding speaker. But that speech was all President Obama did. Therefore the national debt grew bigger, and the cost to insure it against default rose from an average of 25 basis points to 55 points.
Soon after the barbaric assassination of Ambassador J. Christopher Stevens and three of his subordinates inside our diplomatic outpost in Benghazi, carried out on the symbolic date of September 11 by certified Islamic terrorists, President Obama gave another speech. It was another good speech, but speeches alone do not prevent terrorism. The subsequent 2013 terrorist attack during the Boston Marathon was followed by one more presidential speech. “Homegrown extremists. This is the future of terrorism,” the president proclaimed. All we needed to do was close down Guantanamo and make a slight change in how we used drone airplanes.
A few months ago, when the terrorist government of Syria killed some 1,300 people with chemical weapons, President Obama gave several speeches. But speech-making is all he did, and that allowed Putin’s KGB, now installed in the Kremlin, to take over the handling of our policy toward Syria. A few days ago, when Obamacare’s website collapsed, the president reacted with one more speech, assuring the country that Obamacare “is working just fine. In some cases, actually, it’s exceeding expectations.” The Washington Post‘s Ezra Klein said the speech was almost identical to one he could have given if the launch’s rollout had gone smoothly. He was right. It was just another glasnost speech.