In his state of the union speech, Obama criticized colleges for raising tuition. What our big-hat-no-cattle chief fails to comprehend is that a primary driver of higher tuition prices is financial aid - discounting the cost of attendance for certain students based on gender, race, need, merit, etc. It’s "fairness" and redistribution in all their blazing glory, and Obama is criticizing the consequence of his own basic values.
Another case of the dog biting its own tail is the economic downturn in 2008. Obama can blame Bush all he wants, but the Democrats caused the disaster by insisting that banks lower their credit standards on mortgages to promote home ownership.
And the smelliest fart in the elevator is Obamacare. Most people have no idea what a firestorm this will cause in 2014. As thousands of pages of rules are finally being written and released, it’s becoming blindingly clear that skyrocketing costs, interference in the doctor-patient relationship and burgeoning government bureaucracy will cripple the quality of healthcare in this country, and one sixth of our economy.
Meanwhile, government regulations continue to consume the private sector like a raging house fire. The destruction doesn't stop until all the fuel is consumed, and then regulators arrive on scene to bayonet the wounded.
This lunacy has got to stop. But when half of the population is either not paying attention or living off the tax-paying half, why would it?
