It is hard to believe, but Americans have been suffering the weakest
economic recovery in the history of our country. Annual GDP growth is actually slower than the recovery
in the Great Depression from 1934 to 1940. President Obama's next term means we should expect more of the same. Obama's desire to
increase taxes and regulations will drive investment out of the US to
During President Obama's second term, the economy should continue to
limp along. Even if we can get back up to a 2 percent growth rate, it would leave us well below the average 3.1 percent growth rate
that the US had between 1965 and 2007.
A massive wave of regulations has been kept on hold until after the election so as not to cause Obama any political problems before the
election. These regulations will drive up the cost of utilities, energy, health care, housing, and consumer goods, thereby further weakening the economy and increasing unemployment.
Foreign Policy and Defense
Last March, President Obama told then Russian President Medvedev to wait until after
the election when he would have to run for re-election again and would be freer to do what he wants to do with regard to unilateral missile disarmament. More revelations will undoubtedly come out about the attack on our consulate in Benghazi. It is apparent that Pres. Obama would rather put an American in jail for a video than admit terrorism still exists in the middle east. So we can expect the Obama administration to continue to apologize for the United States, and to weaken our defense and our standing in the world.
Government Spending and Debt
If you believe that government spending is the way to create growth, you
will be happy with what will happen over the next four years. Obama doesn't believe in tax incentives for those who can actually get the US economy growing again. He would rather penalize the most productive Americans for
working hard and taking risks in order to succeed. This means that the US will slip further
behind the rest of the world.
Runaway government spending under Obama has doubled the national debt to more than $16 trillion. In the next four years, the impact that this debt has on the value of the dollar will hit home with painful, maybe even disastrous consequences. This election was the United States' last chance to avoid becoming the next Spain or Greece.
This election was the only way the United States had of effectively preventing the implementation of the government takeover of healthcare known as Obamacare. Increased regulation, increased costs, and a decline in the once great system of healthcare and innovation in medical science that this country was known for are what we have to look forward to.
The contempt that the Obama administration showed for the Roman Catholic Church and any religious person who is opposed to abortion during the implementation of the Health and Human Services mandate is echoed in the increased hatred (yes, that's not too strong a word) his supporters have for people of faith, especially conservative Christians. As the selfishness and lawlessness of the anti-religious left increases, buoyed by their success in this election, we can expect further infringement on religious freedom.
My greatest fear going into this election was that American had not suffered enough to realize the bankruptcy of the liberal/socialist ideology that the Obama administration represents. In the next four years the country will come to see and regret what has happened in giving this administration another term. Things will need to be turned around in the mid-term elections of 2014 and the presidential election in 2016. I only hope it won't be too late--but I am afraid perhaps it already is.
Addendum: Our only hope in all this is a revival or spiritual awakening among faithful Christians that gives the Church new unity, boldness, and power in accomplishing its mission, and that turns the hearts of the people of this country to repentance. It is incumbent on Christians to pray and work as never before.