Today’s items further illustrate the question posed here yesterday. Basically asking what else but failure could be expected from a political hack having no experience whatsoever, suddenly thrust into the position of POTUS? Then, once elected, additionally refusing input or sage advice from others, instead pursuing ideologies squarely opposite to those responsible for the nation’s unparalleled success up to the time he took office.
In that regard, Mort Zuckerman, Chairman and Editor-in-Chief of US News and World Report and publisher of The New York Daily News appeared Friday on “The McLaughlin Group, arguing that President Obama “has lost the confidence of the business community.”
Mr. Zuckerman said, “[The economy] has...grown by about 2%, 2.1%, for the last five years, which is the lowest rate of growth coming out of a recession we have had ever, since the Great Depression. And what’s more, that only took place, not because of the fact that the economic environment was that good, it's because we have a hugely stimulating monetary policy and fiscal policy. We have run up huge national debt and we have undermined the value of the dollar, and this is in my judgment not representing a good economic policy.
Zuckerman also related that the national debt would “restrict what we are going to be able to do as a country for decades,” adding that “we have a situation where we are losing the competitive edge that we had, not totally, but in many, many areas.”
The most interesting opinion ventured by Mr. Zuckerman, though, was that “he [Obama] has lost the confidence of the business community and the business world in terms of where it counts, which is investment, and new plant[s] and equipment,” because that conclusion was presented as if was news. Yet, anyone familiar with the incumbent’s philosophies is fully aware that he’s been vehemently anti-business and anti-capitalism for his entire political career.
Moving on, another favorite subject got headlines today, this one in www.dailymail.co.uk by David Rose, regarding global-warming.
Mr. Rose writes that, accepting the Nobel Peace Prize for his campaigning on climate change in 2007, AlGore said, “The North Polar ice cap is falling off a cliff. It could be completely gone in summer in as little as seven years. Seven years from now.”
“But seven years after his warning, The Mail on Sunday can reveal that, far from vanishing, the Arctic ice cap has expanded for the second year in succession – with a surge, depending on how you measure it, of between 43 and 63 per cent since 2012.
Crucially, the ice is also thicker, and therefore more resilient to future melting. Professor Andrew Shepherd, of Leeds University, an expert in climate satellite monitoring, said yesterday: ‘It is clear from the measurements we have collected that the Arctic sea ice has experienced a significant recovery in thickness over the past year.
Furthermore, “It seems that an unusually cool summer in 2013 allowed more ice to survive through to last winter. This means that the Arctic sea ice pack is thicker and stronger than usual, and this should be taken into account when making predictions of its future extent.”
The article contains considerable additional information and is well worth reading. Here’s a link: 'Myth of arctic meltdown'... Satellite images show cap has GROWN
So, adding these two total mistakes to a foreign policy that has no strategy yet while the Middle-East implodes and ISIS threatens America, hasn’t made this a really good week for the current POTUS. But, not to worry, because it’s now become known that copies of Lois Lerner’s IRS emails certainly do exist which may take the Veteran's Administration scandal and the illegals streaming across the border out of the headlines.
That’s it for today folks.