As Americans pause to celebrate the 238th signing of the Declaration of Independence in 1776, it well may be one of the saddest Fourth’s in decades. The six and a half years of the Obama regime has failed to unleash the nation’s capacity to recover from the 2008 financial crisis and has left the nation saddled in debt and dependency.
This is not what freedom is about, nor did the Founding Fathers conceive of a President who ruled with “a pen and a phone.”
As The Wall Street Journal reported on January 13, “The year began with the news that “World economic freedom has reached record levels according to the 2014 Index of Economic Freedom released Tuesday by the Heritage Foundation and The Wall Street Journal. But after seven straight years of decline, the U.S. has dropped out of the top ten most economically free countries.” What this means is that “those losing freedom risk economic stagnation, high unemployment, and deteriorating social conditions.”
That is a description of life in America today. It is a nation in which regard for Congress and the mainstream media has plunged to new lows.
In February, CNSnews reported that “The debt of the U.S. government has increased $6,666 trillion since President Barack Obama took office on January 20, 2009, according to the latest numbers release by the Treasury Department.” When he was first inaugurated, the debt was $10,626,877,913.08 and as of January 31, 2014 the debt was $17,293,019,654,983.61.” Looking back in time, the total debt of the U.S. did not exceed $6,666 trillion until July 2003, meaning that the U.S. has accumulated as much debt as it did in its first 227 years.