Spain’s Present is Obama America’s Future

Spain’s Present is Obama America’s Future

Although Spain is not as bad off as Greece, a look at Spain’s current economic reality reveals the future of America under four more years of Barrack Obama.

Despite European commitments to inject up to 100 billion euros into Spain’s faltering banking system, bank withdrawals have accelerated.:  During July, doubts about Spain’s financial system caused Spaniards to withdraw a record $94 billion from their banks. : : That amounts to 7 percent of Spain’s total domestic economic output.

Capital flight is beginning to include educated entrepreneurs who are fed up with scant job opportunities in a country with a 25 percent unemployment rate.:  Statistics show that in a twelve month span 30,000 Spaniards have registered to work in Britain, an increase of 25 percent over 2011 levels.

Since taking office in 2009, Obama has aggressively promoted a “green energy” agenda modeled after the one pursued by Spain.:  The assumption that pursuing the same agenda will bring about different results is based on no known empirical data.

If American voters are willing to accept 25 percent unemployment as the new normal and can live with a combination of major investment capital flight and disappearing employment opportunities, then Obama’s re-election is a foregone conclusion.

However, if Americans prefer to see a resurgence of American economic might through development of its domestic energy resources, and the millions of jobs that activity will create, then Obama’s days in the White House are numbered.

http://mjfellright.wordpress.com/2012/09/05/spains-present-is-obama-americas-future/

Also see...


Related Articles

14

Obama’s Park Service Removes Handles From Water Fountains

FacebookTwitterEmail It gets harder every day, but even now the Obama Regime hits new extremes of juvenile pettiness on a

83

Black Panthers/Justice Department Scandal Gathers Steam

FacebookTwitterEmail If we had a credible, unbiased media in this country, the New Black Panther/Justice Department voter intimidation case would

6

U.S. Drops to 18th in Economic Freedom

FacebookTwitterEmail If you’re a Canadian, you should be happy. : Our friendly neighbors to the north are riding high with their

Share This

Share this post with your friends!