This is a syndicated post from The American Catholic. [Read the original article...]
I think that the re-election of Obama will come to be viewed by most Americans as an umitigated disaster in the years to come. He has been a curse upon this country in so many ways, but perhaps especially in regard to the American character.
The London-based Think Tank Legatum Institute recently offered empirical evidence of what many Americans have been thinking lately. Our national well-being is slipping.
Over the past four years, prosperity has increased around the globe, while it has remained stagnant in the United States, the Legatum Institute reports. As a result, the Institute ranked the United States 12th out of 142 countries on its 2012 Prosperity Index, putting the country outside the top ten for the first time.
Go here to read the rest. The summary of the report in regard to the US makes for depressing reading:
The US has seen a decline in rankings in most sub-indices. The Economy and Entrepreneurship & Opportunity sub-indices have declined the most with the US falling seven places and six places respectively in each in the last year alone. This is due to a decline in citizens’ perception that working hard gets you ahead, a decline in high-tech and telecommunication exports, and an increase in levels of unemployment. Furthermore, US citizens’ overall satisfaction with living standards has declined since last year. Although the US ranks second overall in the Health sub-index, the country’s infant mortality rate is higher than that of Europe (6.5% compared to a European average of 3%).
The Obama administration has spent a great deal of time and endless amounts of borrowed money to convince more and more Americans that they can live off of the State without working. This is a lie, but too many people have bought into it. Countries can overcome most economic difficulties if they are blessed with a population willing to work hard. Most Americans until Obama have always been willing to work hard to support themselves and their families. I do not believe we can say that now, and that will be one of many pernicious legacies that this administration is loading upon the backs of our posterity.
The Government is my shepherd,
Therefore I need not work.
It alloweth me to lie down on a good job.
It leadeth me beside still factories;
It destroyeth my initiative.
It leadeth me in the path of a parasite for politic’s sake.
Yea, though I walk through the valley of laziness and deficit-spending,
I will fear no evil, for the Government is with me.
It prepareth an economic Utopia for me, by appropriating the earnings of my grandchildren.
It filleth my head with false security;
My inefficiency runneth over.
Surely the Government should care for me for all the days of my life!
And I shall dwell in a fool’s paradise for ever.