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/

Trending on the Web

Related Articles

0

Rep. Renee Ellmers Details Obama’s War on Self Worth

Smart Girl Politics’s annual summit concluded this past weekend with a solid slate of conservative women detailing the importance of

2

Repeat after me: gun control isn’t the answer

The tragedy in Newton, CT should shake us all to our very core. : Of the 26 who were killed yesterday,

3

Dana Milbank On Obama Speech: “Skip The Falsehoods, Mr. Obama”

So, Thursday, Obama gave his big “rebooting” speech, which amounted to a hodge podge of every other speech he’s given