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Everything’s Fine

June 15, 2012 By Richard C. Young

“The private sector is doing fine.”

I wanted to let the dust settle on this Obama whopper from late last week. When I first heard that President Obama had made this statement, I thought, why is the guy saying this when such could not be further from the case? Well the man has zero business experience, or for that matter practical experience in anything that could point to a presidency, but why float out such an obvious fairy tale? Well I have given this fabrication thought and concluded that the comment was simply a throwaway line in another orchestrated Obama news conference. The president was no doubt as surprised as most of us were that he had said such a thing.

The greater problem here is that President Obama should not be in the White House from the get-go. I am not familiar with a single notable American senior executive with as shallow a background for the job. My clients are America’s small business owners. You know, the guys who generate most of the new jobs in America. Almost to a one my clients have struggled long and hard in their profession. They have risen and succeeded because of a background developed from the ground up. Barack Obama showed up to campaign for president as a most undistinguished part term Senator who mostly just hung out and cast present votes. Prior to that, his thin resume centered on community organizing and door-knocking. President Obama is truly the thin resume guy.

In my lifetime no other President has ascended to the presidency completely resume free. I really don’t get it. I don’t. Why did Americans vote for such a person? And why in the world given the foul position America is in today would a single American want the man back for a second term? Perhaps Americans simply hate Mitt Romney. But come on here. Mr. Romney has a solid record of success on a number of fronts—a statement both factual and not debatable. And I am not a Mitt Romney campaigner—far from it.

Today, we all live in two Americas. I look at Obama supporters and ask, what is it that you want? What goals of yours are so different from mine? I work hard seven days a week to help my clients survive and prosper. My sole interest is what’s right and helpful for my clients. Where am I so far apart from Americans who would vote for a man with no practical background whatsoever? Perhaps the divide is my belief in our Constitution as written and intended by Thomas Jefferson. Today’s Office of the Presidency has no semblance to the weak office of the presidency intended by our Founders.

Turn to Article. II. Section. 2. of the Constitution. Read this section out loud (hopefully to your family) a couple of times. Then take out some 3×5 cards and jot down, as I have done, one duty to a card, each of the handful of presidential duties. Pretty thin deck of cards. The Office of the President was to be a shaking-hands, kissing babies, largely part-time affair. George Bush and much more so Barack Obama have tortured the Constitution’s original intent as to the Office of the President. Such an attack must stop and direction reversed. President Obama offers zero hope in this regard. And this is one of a shopping cart full of reasons I want to see his tenure in the White House end.

As I enumerate in my upcoming Richard C. Young’s Intelligence Report, the private sector conditions continue to erode, Debbie and I are about to embark on a long multi-state/Canada road trip on our new 2011 Harley Heritage Classics. Along the way, I will gather a mountain of anecdotal evidence on the economy and ask loads of questions of small business owners. We will be travelling through country we know well, and I will instantly recognize economic improvement or decline. Such observations are readily made when looking for Sale or Closed signs and the number of empty buildings compared to prior visits. I will have lots to share with you.

Warm regards,

Dick

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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.
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