For example, he will take credit for an improving economy and the huge drop in gas prices. The economy is not improving and won’t under his tenure. Unemployment is still in double digits if the numbers were honest.
Dropping out of the work force and off the unemployment roles does not mean you have found a job. Job growth numbers are spun to maximize part-time workers and those who quit looking. The increased supply in crude oil is not due to anything Obama or his administration have done or are doing. Oil production from federal land has dropped. The increase in oil production in America from fracking is nearly all from private or state-owned lands.
The glut in the current oil market is because Saudi Arabia’s existence depends on revenue from crude oil production. Saudi market share was being reduced by cheap oil from Russia, Iran, ISIS, Venezuela, and America. The Saudis can not afford to lose market share. The Saudis know none of these oil producers can pump and sell oil under $60 or $70 per barrel. The Saudis can for a long time.
The Russian ruble is falling like a stone, many American crude oil producers of oil pumped in America are being hurt. Many are cutting back and laying off workers, some are in or close to bankruptcy. Venezuela is a financial shambles. They cannot support Cuba any longer. (Want to guess why the Castros were so eager to make a deal with Obama?)
Iran and ISIS both enemies of the Saudis are also being punished for marketing oil under OPEC prices. American companies with large stakes in Saudi Oil are doing fine. The days when Saudi Arabia and America were close allies are over.
The Saudis bear a large part of the blame for the upsurge of militant Islam. For many decades, the Saudi government funded the teaching of an extreme form of Islam throughout the world. That was their way of ensuring the radical imams did not preach revolution within Saudi Arabia. So far, their self-serving formula has worked. There is a good chance their costly punishment of competitive oil producers may also work for a while. Obama is not a player. He is just trying to use the issue to make his presidency look far better than it is.
The real issue for a response to the president’s State of the Union speech is: can the nation ever recover from Obama’s progressive transformation of America? The answer is probably not in a few years, but maybe in a decade. The damage is incredible. The entire government structure has supported Obama’s fictional view of America and the world. They no longer can separate the truth from the lies they live by every day. The IRS is a perfect example. Drastic change is necessary.
Written by the author of the Jack Brandon thriller/mystery novels and “Insights: Transforming America — Is This What We Fought For?” available now as an e-book, in paperback or hardcover on Amazon.com or BN.com. Another analytical book on the transforming process, “Insights: Stepping Stones to Tyranny,” is now published and available in paperback at $9.95 and on nook and kindle at $6.99. Follow the author on Twitter @factsfictions80.