The case against Obama
Obama's stimulus cost more than the Marshall Plan, the Louisiana Purchase and Neil Armstrong's moon-walking - combined. At $836 billion, it also downgraded the nation's long-standing triple-A credit rating - quite a disaster.
Keynes was wrong and Friedman was right when he quantified government spending as another form of taxation and said no government can tax a society into prosperity. Friedman explained that restraining government spending stimulates the economy by emancipating private capital. This simple law of economic prosperity is lost on Obama and everyone in his administration.
Solyndra: Mitt Romney has been punitively dogged for leading Bain Capital. Why? Under Romney's leadership, Bain invested in and grew Burger King, Domino's Pizza, Dunkin' Donuts, Toys "R" Us and Staples. Whereas, Obama has wasted billions of your tax dollars on Solyndra, Ener 1, Beacon Power, Abound Solar, Spectra Watt and Eastern Energy, two of which have gone bankrupt. Like the Wall Street Journal says, Americans will choose Bain capitalism over Solyndra's crony capitalism every time.
After all, do we need more companies like Staples or Solyndra?
Supreme Court: There is no way to forecast how many Supreme Court nominees any president will make, but given the age of nearly half of today's court, the chances are high some will be made over the next four years. Justice Breyer is 73, while Scalia and Kennedy are 76 and Ginsburg, 79. For years to come, any appointments could result in a momentous swing in the court's jurisprudence. With no future elections, whatever political constraints that may have limited how far Obama would push his radical agenda will be ghost, but his appointees will certainly haunt the American landscape for years.
Shovel-ready projects: Where projects ready to go would boost local economies while improving infrastructure. When that didn't happen, Obama would joke about how there were no such shovels at the ready. It can take forever and a day to get all the environmental permits to build anything in today's zealous regulatory climate. Joke away, but it's no laughingstock for those saddled with the debts produced by Obama's runaway spending.
Transparency: Obama pitched only curves, saying, "I will open up and create more transparency in government, so spending proposals would be posted online before they ever make it to Congress. My administration is committed to creating an unprecedented level of openness in government." Instead, Obama force-fed ObamaCare and his stimulus through a Congress in record time that never read it, much less the American public. Scholar Thomas Sowell pointed out another aspect of transparency is the Constitution's requirement that Congress pass a budget every year. The Democratic-controlled Senate has not passed a budget since Obama took office. What about Obama's transcripts? Obama and Harry Reid demand Romney's tax returns going back to the disco era, yet Obama refuses to release his college application, transcripts and visa.
Terrorism: Obama said the recent attacks on our embassies and the murder of Ambassador Chris Stevens were local protests sparked by an Internet video about the prophet Mohammed and not a premeditated terrorist assault that coincided with the anniversary of the war on terror launched against this country Sept. 11, 2001. Obama called it "bumps in the road" then headed off to a scheduled campaign fundraiser while dead Americans, including our Libyan ambassador, were still warm.
Taxes: Do you believe that your taxes should go up over the next four years? Obama does saying, "Nobody's looking to raise taxes right now. We're talking about potentially 2013 and the out years."
TARP: Despite the billions of dollars that were spent on TARP, home ownership is at a decade low and so is the number of Americans who say their home is worth more than they paid for it.
Teleprompter: Obama's disconnect from his teleprompter during the recent debates was telling. Even über-liberal Bill Maher conceded, "I can't believe I'm saying this, but Obama looks like he does need a teleprompter."
Obama sold hope and enough Americans in 2008 bought in, but there could hardly be a greater contrast between his salesmanship and the goods delivered - all on credit. A recent survey revealed 70 percent of Americans believe the country is traveling in the wrong direction. Perhaps, the good news is gas is so expensive we'll never get there. But you know better. Provided you are still sold on Obama and he wins, you're only going to get more of the same because now Obama will be convinced he has a mandate.
There's a reason Obama's re-election campaign is titled: "Forward."
(Greg Maresca, a freelance columnist, composes "Talking Points" for each Sunday edition.)