George Rebane
Are we ever! Heritage just released its 2017 Index of Economic Freedom (more here) for the nations of the stuck in the middle of a muddle of countries that can’t seem to get their act together. (Top ten shown) For us it is doubly troubling because however our burgeoning socialist population has been taught to think otherwise, Calvin Coolidge’s abbreviated dictum – ‘The business of America is business’ – must be observed today more than ever. (H/T to reader for the heads up)
Instead, the US economy has been purposely kept in the doldrums during the Obama regime, not because we didn’t know how to kick it back into gear, but only to serve a globalist ideology (cf Agenda21) which calls for the US to be reduced to economic and military peerage with other second world countries. Woefully short on successes in his domestic and foreign policies, Barack Obama nailed his economic and military goals for the country.
President Trump has his work cut out to rebuild the shambles he inherited. The biggest problem that the US has to solve is how to reconfigure our economy so that the 70-90 million (and growing) systemically unemployed will remain as a socially stable cohort of Americans who can be supported by the rest of us. Hint for the lightly read: The last thing we need now is to import unskilled people from cultures that have declared their hatred for America.
Also troubling is that our strong suit, technology development by entrepreneurial start-ups, is being discounted by other competing countries whose students have a different attitude about studying STEM subjects. Germany is beginning to wake up and its government is finally promoting such start-ups. For example, today Berlin’s commercial real estate rentals are hard to get and in great demand by start-up companies in a manner similar to the south-of-Market-St high tech boom that San Francisco has enjoyed. We are already feeling the impact of these overseas young people with fire in their bellies. (more here)
Nevertheless, America is ready for a big change. The investment world led the anticipatory fervor by putting its money in play during the 2016 election year. One very visible indicator of this is that the market capitalization of the SP500 companies increased by a phenomenal 25% in one year, from $16T to $20T. That’s how you spell ‘anybody but Obama’.
All this is more supportive evidence that the socialists, led by their money mavens like the internationalist Soros, cannot afford to have President Trump and the Republicans succeed during the next four years. America clearly voted for a radical change in November, and were that kind of success to happen, it would give the most obvious lie to everything that our socialists have been preaching for the last eight years, and also all that they have been rioting against and ‘disrupting’ since the votes were cast.
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