Obama the New Carter
Murchison on the similarities to the '70s.
William Murchison: “Obama, like Carter, prior to the Afghan invasions, thought he could do something about American bossiness by disengaging from confrontation with other nations. We’re not supposed to throw our weight around anymore. We’re to act in concert with ‘the international community,’ whatever that is. We make noises, draw ‘red lines,’ issue warnings. As in the Carter days, the government thinks it knows more than the citizens when it comes to economics. A government takeover of health care, tighter regulation of coal-fired plants, more government spending (except for defense), neglect of problems with Medicare and Social Security – in this manner we create prosperity. Except when we create less prosperity and more prolonged misery. The ‘70s of the last century look more and more like a dress rehearsal for the '10s of the 21st century: the same love of ideology over experience, the same wrong answers. Barack Obama has an evident gift for seeming indecisive in the face of challenge, which makes him look like the same patsy the Russians and the Iranians took Jimmy Carter to be.”