The Unreasonable Man

So Mr Obama, it appears, is the enemy of thinking people, people who have a basic understanding of economics.

He is holding a passionate State of the Union address as I type this. Populist rhetoric is all I hear. Punishing banks “that take your deposits”. Policing to ensure that our “trading partners play by the rules”. Protectionist rules, he means. Talk about “punishing” companies that “send jobs abroad”. Left-wing, protectionist, nationalist, populist rhetoric. “America should be number one”.

And by implication, other nations should be number two, then?

Well, if that is what Americans think, that by sending jobs to Canada, say, or that by buying Canadian products we are “putting America two”, then by that logic we should all want Americans to be number two, or below. With his kind of economic thinking, we will all be poor.

If Mr Obama even means only a small portion of what he says, he is a naif. If he does not, he is a lying politician.

And to think, I was about to write a nice post about America, as the guardian of solid economics. Not so much.

Mr Obama was supposed to leave the economy alone and to abolish things like Guantanamo. Instead, he is ruining the economy and leaving all the Bush-era injustices in place. Very disappointing.

This entry was posted on Wednesday, January 27th, 2010 at 10:42 pm and is filed under Politics and social.