Obama pushes infrastructure fraud

America’s bold voice cannot be the only one, by Barack Obama, FT: ...Today the G20 faces another challenge. While the global economy is growing, it is growing too slowly. ... That is why, at next week’s summit, my message will be clear: we have to take action to strengthen growth in a way that benefits all our people.

Specifically, there are five areas in which we can act. First, our countries have to implement fiscal policy that supports short-term demand and invests in our future. ... Second, our countries have to take action to boost demand by putting more money into the pockets of middle-class consumers who drive growth. ... Third, our countries can foster more inclusive growth by lowering barriers to entering the labor force. ... Fourth, we can support more inclusive growth with high-standard trade agreements that actually benefit the middle class. ... Fifth, the world agrees on the need for greater public investment, especially where interest rates are low. That is why I am pushing Congress to create jobs today and tomorrow by adopting a long-term infrastructure plan this year.

He failed at the high speed train. He cancelled the Keystone Pipeline. And he opens the infrastructure spigot to bail out public sector states.  Obama is clearly fraudulent, and he will crash the economy. 

How well is the Kanosian ideal working?

NY Times: While Mr. Obama’s 2008 election helped usher in a political resurgence for Democrats, the president today presides over a shrinking party whose control of elected offices at the state and local levels has declined precipitously. In January, Republicans will occupy 32 of the nation’s governorships, 10 more than they did in 2009. Democratic losses in state legislatures under Mr. Obama rank among the worst in the last 115 years, with 816 Democratic lawmakers losing their jobs and Republican control of legislatures doubling since the president took office — more seats lost than under any president since Dwight D. Eisenhower.