Be prepared, America, for another $5 trillion dollars in debt. That means America would be over $20 trillion in debt, one half of it added by one man, Barack Obama.
Be prepared for higher taxes on those who are pulling the wagon, and more benefits for those who are sitting in the wagon.
Be prepared for further restrictions on hydraulic fracturing and oil drilling in America, even as President Obama promotes and subsidizes oil drilling in developing nations.
Be prepared for transfers of wealth away from America and to the rest of the world.
This is what we as a country have voted for.
Be prepared, also, for the further diminution of American power and influence in the world. This involves our allies falling, one by one, in the Middle East, while the radical Muslims consolidate their power in Iran, Egypt and elsewhere.
Ultimately just as Reagan was largely responsible for the fall of the Soviet Union, President Obama may be credited by history for helping to restore Islam as a global power, which it has not been for three centuries. By 2016 America could cease to be the world’s sole superpower, and have become rather a weak giant, a kind of second Canada. This, too, we have risked by giving President Obama a second term.
These predictions are not conjecture but rather projections out from what President Obama has been doing in his first term. As he suggested to Russia’s then-president Medvedev, Mr. Obama now has more flexibility to make the concessions and pursue the objectives that he really wants. He is, at least in foreign policy, untethered to public opinion, and answerable only to his own conscience.
For me, this is a scary prospect. I can see America in 2016 as a poorer, weaker nation, and this would make Americans frustrated and angry.
But why should President Obama care?
He would, as he cleared out his desk, feel the profound satisfaction of a man who had single-handedly rearranged the political and economic map of the world. He would have helped redistribute wealth and power globally, and thus restored the world as it was before colonialism. His reward would be that still, small voice inside his head telling him, “Well done thou true and faithful servant.”
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