Written by Michael Adeleke
In his recent op-ed in The Wall Street Journal, President Obama outlined the new “centrist” course both him as his regime were pursuing. “For two centuries, America’s free market has not only been the source of dazzling ideas and path-breaking products, it has also been the greatest force for prosperity the world has ever known. That vibrant entrepreneurialism is the key to our continued global leadership and the success of our people.”
Both Eric Bolling – anchor of Follow the Money on Fox Business News – and I nearly fell out of our chairs and spewed our respective drinks of choice onto the neat, pristine body of the publication. This opening and various other segments in the editorial baffled me. For a few moments, I thought I was reading the Libertarian work of one John Stossel! Well…until he started to talk about the Clean Air Act and the necessity of his new bill for credit-card companies. Loan sharks and pawn shops have recently contacted me to express their sincerest gratitude and support the President in all his future ventures. As I digress, this riveting message by Mr. Obama brought a legitimate smile to my school-wearied face. But – and that is a Biggest Loser size butt – will we see any follow through?
If history has taught nothing, it is that President Obama’s mind changes with the tide, similar to the whims of a certain Massachusetts Senator. On the campaign trail, he championed the “roll back” of the Bush tax cuts and in 2006 he delivered a riveting speech in the Senate disparaging the idea of raising the debt ceiling. In his speech, he went on to explain that if the federal government increased the debt ceiling they were showing their inability to effectively care for the American people. My, how things have changed? Now the young, hip Obama flipped the switch and now wants to “raise the roof”. You bet he got the youth vote. What a smooth guy, eh?
With this in mind, it is easy to see why both conservatives and business leaders are somewhat skeptical. As I ran the Fox Business News circuit, pundits such as Stuart Varney, Judge Napolitano, and David Asman with their network counterparts, O’Reilly and Hannity, were also skeptical. This skepticism is not fueled by hate or partisanship; yet, like a teenager who passionately claims sobriety and abstinence when coming home at 1 am., they are simply unconvincing. Honestly, do we all realize that under Mr. Obama we have added more than 18,000 pages in new regulations and 243 new regulatory agencies? According to research from the The Wall Street Journal. The facts simply don’t lie.
The business world, the political world, and the American people – most important of all – need to have assurances fulfilled that are in the interest of small businesses and future small businesses. These job creators and innovators need to be encouraged, pried out of the public sector, and given the tools they need to return America to its former glory without being forced to succumb to the unneeded – and frankly unwanted, not to mention unsustainable – bureaucracy. As much as we have heard these same statements, they couldn’t be truer. We can only hope for change. I’ll believe it when I see it.