• The Heritage Network
    • Resize:
    • A
    • A
    • A
  • Donate
  • Obama's Ironic European Lecture

    Europe is in bad shape, there’s no doubt about it. The sovereign debt crisis continues to roil the continent, Greece may leave the euro, Spain may have to revise its budget deficit upward for the second time because of bad loans, and France has a new socialist president pledging more spending instead of austerity. So when the G8 leaders met last week, President Obama had some words of advice to offer — “Look at me and learn from my stellar example!”

    OK, that’s a paraphrase, but his actual words aren’t all that much different. No joke, the president who has presided over a downgraded credit rating, three years without a budget, an exploding deficit, an entitlement system desperately in need of reform, and an unemployment rate still over 8 percent has painted himself as a model for others to follow.

    Quite remarkably, the president bragged that he has worked to “bring down our deficits and debt over the longer term” while staying “focused on growing the economy and creating jobs in the immediate term.” Though he acknowledges that “Of course, we still have a lot of work to do,” he says that now there’s “room to take a balanced approach to reducing our deficit and debt, while preserving our investments in the drivers of growth and job creation over the long term — education, innovation, and infrastructure for the 21st century.”

    In other words, because of his supposed successes, America can afford to spend even more money on stimulus.

    It’s hard to say whether the president’s intended audience was the leaders of the G8 or the American electorate, but regardless of who it was, there’s not much for Obama to brag about.

    In the past four years, unemployment has gone up, more people are unemployed longer, gas prices are higher, the cost of health care insurance has increased, the national debt is higher, federal spending has increased, more Americans are on food stamps, regulatory costs are higher, home values have declined, America’s economic recovery is historically slow, and while federal spending on education has increased, results remain flat. You can see for yourself just how bad America’s fiscal outlook is in Heritage’s 2012 edition of the Federal Budget in Pictures.

    Though Europe needs solutions, they certainly shouldn’t be looking at President Obama for the answers.

    Posted in Featured, Ongoing Priorities [slideshow_deploy]

    10 Responses to Obama's Ironic European Lecture

    1. Bobbie says:

      bla bla bla bla… wiser men with inherent good will, would not follow the examples of a failure to men by examples of his chosen ignorance, disdain and bloated CONTROL ego!!

      If world wide humanity is to be respected, the American PEOPLES' Constitution promotes it!

    2. ursine says:

      A mentor, a wise man whose school records are forever sealed, and experience is non-existent, one who promised so much and delivered nothing worthy, one who manages to surf along with nothing more than the heavily used deck of demagoguery, worn-out slogans dated back to V. Lenin and lies – the big spender gives the European leaders a lesson on economics and hints on how to find the road from the crisis?!

      "We know it is possible — in part, based on our own experience here"
      What?! Could it be he's suggesting cash for clunkers? Green jobs? Food-stamps to everyone? Keeping the tires sufficiently inflated?

      To paraphrase Voltaire –
      “It is forbidden to lie; therefore all liars are punished unless they lie in large volumes and to the sound of trumpets.”

      It did not take long for audacity of hope to turn into the shameless predatory arrogance, still nothing seems to cure the blind, I don't think they even hope anymore, it looks more like they stuck frozen and impenetrable in this cheerfully-comatose state of following the beatified leader to the grave… very sad indeed.

    3. Incredulous says:

      And the mindless bloviating continues unabated from an incompetent, impervious Obama. Does he honestly believe the pap he spews? If so, he's more delusional than I'd ever imagined.

      • Roger S. says:

        Oh, he believes it, all right, because he believes it makes him look good.
        And, among the other crooks and cheats, who for the most part operate along the same lines, he feels good, which makes him believe even more, and think even less. Reality has never been an operational concept for any of these types, except with regard to a net vote increase. What is really crazy, and scary, is that when all is said and done neither he, nor his cronies in economic predation, really care. Whichever outcomes prevail, they'll be allright. This too, they believe, whether or not it is real.

    4. Tom Sullivan says:

      Obama is clueless. European leaders are clueless. They have all run out of other people's money. They are addicted to huge borrowing and spending for vote buying. It will all come crashing down. They are all socialists, so they will blame the free enterprise system, just like they did for the subprime housing crisis they mandated through subprime loan quotas.

    5. Art Rice says:

      Reality Denial….. Thanks to his echo chamber….. Next step Cognitive Dissonance.
      I predict a full meltdown.

      • Roger S. says:

        First the Cognitive Dissonance, then the Reality Denial, then the Echo Chamber.
        In that order. Then lie about it.
        That's how it's done. They're masters of this game.
        The destruction of individual lives on a to date unimagined scale.
        Your prediction is the most likely outcome.

    6. I do not subscribe to Obama's "Ineptrocrocy" – a system of government where the least capable to lead are elected by the least capable of producing and where the members of society least likely to sustain themselves or succeed, are rewarded with goods and services paid for by the confiscated wealth of a diminishing number of producers.

      What we have here with Obama and his Media doing exactly what Hitle's' right hand man coined –Joeshph Goebbles said: “If you tell a lie big enough and keep repeating it, people will eventually come to believe it. The lie can be maintained only for such time as the State can shield the people from the political, economic and/or military consequences of the lie. It thus becomes vitally important for the State to use all of its powers to repress dissent, for the truth is the mortal enemy of the lie, and thus by extension, the truth is the greatest enemy of the State.”

    7. Stirling says:

      The picture reminds me of the Mad Hatter party from "Alice in Wonderland." A bunch of brainless twits switching chairs and talking a lot.. but not doing anything that helps.

    8. Pete says:

      I think Obama knows exactly what he's doing. He has shown nothing but disdain for America, its success, its greatness, our Constitution that made it all possible, and Americans in general. He has covered the globe apologising for our greatness. He seems to feel that we accomplished all this on the backs of the rest of the world. He is doing his best to destroy all that Americans have gained due to liberty and freedom. He doesn't think anybody deserves to have such freedom because he is not an American. He has defied the constraints of the Constitution and worst of all he is getting away with it. We have become to complacent and comfortable because our freedom has been secure for so long. He needs to be shown the door. Hopefully he wont be able to gain a second term by means of the same crooked methods he used the first time. Good luck America! Don't give up.

    Comments are subject to approval and moderation. We remind everyone that The Heritage Foundation promotes a civil society where ideas and debate flourish. Please be respectful of each other and the subjects of any criticism. While we may not always agree on policy, we should all agree that being appropriately informed is everyone's intention visiting this site. Profanity, lewdness, personal attacks, and other forms of incivility will not be tolerated. Please keep your thoughts brief and avoid ALL CAPS. While we respect your first amendment rights, we are obligated to our readers to maintain these standards. Thanks for joining the conversation.

    Big Government Is NOT the Answer

    Your tax dollars are being spent on programs that we really don't need.

    I Agree I Disagree ×

    Get Heritage In Your Inbox — FREE!

    Heritage Foundation e-mails keep you updated on the ongoing policy battles in Washington and around the country.

    ×