Obama’s Brand of “Economic Patriotism”

Obama is running an ad where he promotes his idea of “economic patriotism.” He read the following off his teleprompter: “It’s time for a new economic patriotism rooted in the belief that growing our economy begins with a strong, thriving middle class.” He didn’t really define what he meant by “economic patriotism,” but I can only imagine that he wants people to feel patriotic not toward their country, but toward him and his policies. Yes, we do need a strong, thriving middle class, but he must know that his policies haven’t worked to make the middle class strong or thriving. And since he can’t rely on his own record, he’s asking people to put blind faith in him to make things right in his second term. He’s promising that this time will be different.

He also said, “Today I believe that as a nation we are moving forward again. But we have much more to do to get folks back to work and make the middle class secure again.” Yes, we are “moving forward” and “progressing” toward a socialist state, and it is for that very reason that people are having a hard time getting back to work and generating an income for their families.

The Weekly Standard had a piece about how during Obama’s “recovery,” household incomes went down on average $3,040 or 5.7%. The article pointed out that the economy actually got worse during the “recovery” than during the recession itself. Silly me, I didn’t even know that we were in a recovery. I was surprised, and then not surprised, to find out that the “experts” said the recovery actually started in June of 2009, just 6 months into Obama’s presidential term. They must have redefined the word “recovery” while I was looking for a job.

Here is some more irony: the sector of the economy hit hardest were the majority of Obama’s voters and those who will likely vote for him again. The Weekly Standard explains:

Two of the groups hit hardest have been ones that turned out in abundance for Obama in 2008: black Americans and younger Americans (those between the ages of 25 and 34). During the first three years of the Obama “recovery,” the real median household income for black Americans dropped a whopping 11.1 percent. For Americans between the ages of 25 and 34 — the group most apt, as Paul Ryan put it, to be “staring up at fading Obama posters” and looking to “get going with life” — real median household income dropped 8.9 percent.

And things are still going down. Just last month, the median income fell yet again by $543. So, ever since Obama started to help the economy recover, we have fewer people employed, and those that are employed make less on average now than they did when the recovery started. If this is what a recovery looks like, I think I’d like to have another recession. Would that make me “economically unpatriotic?”