WOLF: THE BAD LUCK PRESIDENT

Milton Wolf’s  latest column in the Washington Times is as trenchant an indictment of Obamanomics as you will find. He begins with the excuses Obama offers for failure on the economy:

‘We had reversed the recession, avoided a depression, gotten the economy moving again,’ President Obama fantasized on the campaign stump in Iowa. ‘But over the last six months, we’ve had a run of bad luck.’

This is about as pathetic and delusional as it gets. The “run of bad luck” was the naïveté of the voters who put this fraud in the White House, and the stupidity of his policies:

The Obama presidency is a case study of what happens when you break faith with the principles that made America great. Mr. Obama has chased investment capital out of the market by implementing the Dodd-Frank financial-sector takeover.

And there is the job killing health care “reform” law that the President and his accomplices in Congress foisted on an unwilling electorate while he ignored real crises like unemployment and the debt:

He has frozen new hiring by unleashing Obamacare’s enormous costs on employment. He has trampled the rights of Americans as free consumers with the unconstitutional individual mandate to purchase government-sanctioned health insurance. He has made a mockery of free competition by granting Obamacare waivers to cronies and union friends.

It’s not bad luck. It’s a President more incompetent than Jimmy Carter and more dishonest than Bill Clinton. To read the rest of Wolf’s column, click here.

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