America Won't Survive Another Four Years of Obama
4) Declining patriotism: In 2002, 60% of Americans agreed with the statement, "Our people are not perfect, but our culture is superior," according to a Pew survey. In 2012 the proportion dropped to 49%. For the first time, a minority of Americans believe in American exceptionalism.
5) National debt: Suffice it to say that during the past 12 months, foreigners bought almost half ($600 billion) of the $1.3 trillion in new debt paper issued by the Treasury to cover Obama's deficits. And the Chinese actually dumped $165 billion of Treasury securities during those 12 months. Someone should update Gov. Romney's talking points: We can't borrow from the Chinese because the Chinese don't want to lend to us. If this continues, as PIMCO's Bill Gross and JP Morgan's Jamie Dimon have been warning, American paper will be junk and our economy will collapse. I don't know when, but I'm pretty sure it would happen before 2016.
6) Nuclear weapons in the hands of state sponsors of terrorism as American power collapses overseas.
We are becoming a different people, more like the feckless, infertile, dependent Europeans and less like the men and women who built this country. We aren't there yet. But we have lost so much ground under Obama that we do not know whether the country will pass a point of no return during a second Obama term. One can't blame all of this on Barack Obama, to be sure. To what extent he is the cause or the effect of these problems, or neither, is something we can't divine from the numbers. Nonetheless, the president of the United States sets the tone for public attitudes. A president who disparages and undermines entrepreneurship, promotes dependency, fails to defend American security interests, and apologizes for American values is a big part of the problem.
All the experts say this election will depend on turnout. That is why I am appealing to every reader of this site to get active. Organize a party, drive people to the polls, call everyone you know, and make sure that everyone who might vote for Romney does vote for Romney. We many not get another chance like this. Not ever.
Article printed from Spengler: https://pjmedia.com/spengler
URL to article: https://pjmedia.com/spengler/2012/10/11/america-wont-survive-another-four-years-of-obama