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Obama Now Strictly a Lame Duck President

October 29, 2013 By Richard C. Young

Americans as well as foreign countries have tuned out this over-matched president. Victor Davis Hanson lays out the whole sorry story.

“Millions of green jobs,” “cash for clunkers,” and “stimulus” are all now recognized as cruel jokes. Oddly, the more scandals come to light, the more immune the virtual president becomes. After the politicization of the IRS, the snooping on AP reporters, the Benghazi mess, the NSA eavesdropping, Fast and Furious, the multibillion-dollar overpayment in income-tax credits by the IRS, the Lisa Jackson fake e-mail identities, and the Pigford payments, the public has become numb — as if it to say, “Of course the Obama administration is not truthful. So what else is new?”

Three considerations are keeping the U.S. afloat without an active president. First, many working Americans have tuned the president out and simply go on about their business despite rather than because of this administration. If gas and oil leases have been curtailed on federal lands, there is record production on private land. Farmers are producing huge harvests and receiving historically high prices. Wall Street welcomes in capital that can find no return elsewhere. American universities’ science departments and professional schools still rate among the world’s best. There is as yet no French or Chinese Silicon Valley. In other words, after five years of stagnation, half the public more or less ignores the Obama administration and plods on.

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Richard C. Young
Richard C. Young
Richard C. Young is the editor of Young's World Money Forecast, and a contributing editor to both Richardcyoung.com and Youngresearch.com.
Richard C. Young
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