The Obama snub

When I heard the news Thursday that former South African president Nelson Mandela had died and then yesterday that Barack Obama was going to South Africa for this leader’s funeral with wife Michelle in tow, I was thinking that there was another former world leader’s funeral that he had recently missed. Breitbart reminded me of the details:

Interestingly, the Obamas did not got to former British Prime Minister Margaret Thatcher’s funeral back in April of this year. In fact, no high ranking official from the administration was sent to the Iron Lady’s funeral.

For the Iron Lady, the official United States delegation included former Secretaries of State George Schulz and James Baker III; a month earlier a sitting and former member of Congress comprised part of the delegation sent to Venezuela for the funeral of strongman Hugo Chavez. So the actual visit of the Obamas for Mandela’s service is sort of a “big f—ing deal” and will require a much larger entourage.

So why is it suddenly so important that Obama go to South Africa? The cynical will make the case that Barack is America’s luckiest president – every time something he’s botched threatens his election or his approval rating, the world comes along and gives him something to grasp. For example, the Chris Christie embrace of Obama after Superstorm Sandy blunted whatever momentum Mitt Romney had just before the 2012 election.

Now the utter failure and unpopularity of Obamacare will be broomed from the headlines for a few days, with the timing of the Obamas’ trip to South Africa coinciding nicely with the start of his annual Hawaiian Christmas holiday. This will give him almost an extra week either out of Washington or preparing for one trip or the other.  All this will give his brain trust a chance to figure out new ways to blame Republicans, which will be handy because a budget battle awaits Obama’s return from Hawaii.

Among the rest of us, the reaction to Mandela’s death has run the gamut, although those in the political realm have tended to be apologists or politicized the death. Personally, it didn’t affect me one way or the other, as Mandela was a leader of another time and his country isn’t really a leader on the world stage. Nor was it completely unexpected as he had been ill for several months.

But I just found the priority Barack Obama made in attending his funeral and flying our flags at half-staff in Mandela’s honor a little puzzling, considering some of the other deaths the world has seen lately.

Moreover, we may yet see the passings of former presidents Jimmy Carter and George H.W. Bush – both of whom will turn 80 next year – and it will be interesting to see how they are honored by Barack Obama if this should happen during the remainder of Obama’s term.

The futility of incremental change

The story I’m going to reference is a few days old, but the point made is still valid.

On Monday the Washington Times ran this piece which simply restated facts many already knew, but made them clear for comparison’s sake: the entirety of this year’s tax increase on the rich was spent on one storm’s relief. Obviously insurance companies and other private-sector industries had sizable losses on Superstorm Sandy as well, but for the insurance industry it’s chalked up as the cost of doing business and over time they will raise rates (and/or deny coverage) to eventually make themselves whole.

But this piece isn’t being written to argue whether government assistance of victims of freakish weather is good policy. We’ve spent the equivalent amount to all these billions (and more) in recent years to prop up failed businesses, subsidize those in industries the market deemed not ready for prime time, and in giveaways to tinpot dictators around the world. We’ve created weaponry for which there may not be an application, paid producers not to produce, and tried to build nations out of subjects unwilling to cooperate. And $50 billion doesn’t even begin to scratch the surface of the overall sum millions feel they are entitled to by virtue of reaching a certain age and having a few pennies on the dollar deducted from their paychecks over the lifespan of their respective careers.

To sum up: it’s chump change.

Yet I don’t want to make the case that those who are affected aren’t going to miss it. While I don’t think anyone is going to go to the Jersey Shore specifically to see where their share of the $50 billion went – in many cases, the repairs and spending won’t be on the drawing board until later this summer anyway, with some infrastructure reconstruction still years away – the Times story illustrates once again the folly of Band-Aid solutions to our chest wound of deficit spending.

Moreover, the old saw about raising taxes in a recession? Well, if the economic figures from the fourth quarter of 2012 hold up, we’re halfway to a recession right now. Of course there’s always the prospect for an “adjustment” in the next quarter which will goose the GDP just to the growth side of zero, but most people are believing their own eyes rather than the media hype – consumer confidence is down, the 2012 holiday season shopping was pretty much a bust, and I read a Rasmussen Poll this morning that fewer than 2 in 5 of those surveyed think the economy will be better in five years; the lowest mark since the question was first asked in 2009. (At that time over 3 in 5 believed the economy would be better. Fooled you!) In the perception of many, we are indeed in a recession and the government’s only solutions seem to be promises and handouts. In the oft-quoted words of Margaret Thatcher, that works until you run out of other people’s money.

It’s rather unfortunate that Barack Obama and Harry Reid received another four and two years, respectively, to continue to plunder the pocketbooks of those they deem able to afford such a financial flogging, print more money, and create IOUs to handle the rest. Most of those who have even the tiniest sliver of common sense know that’s not the long-term solution, but voters placed Obama and Reid at the helm, the captains of the government Titanic approaching the financial iceberg dead ahead. And the leaky lifeboat commanded by John Boehner at the House is little better; look for small business owners to be swept overboard and drown in the sea of red ink created by a system which has finally shown itself to be the unsustainable one many seers knew it would be, a theory derived from a careful reading of history.

In general I’m an optimist, and perhaps we as a nation can avoid the iceberg and the rocky shoals which await us about our current course. With luck we can navigate a safe passage with the proper austerity program and leadership back toward a government restored to its rightful place.

But we have placed ourselves in a situation where the results are more likely to be worse than better, as tonedeaf Washington leadership continues on a course to economic destruction. If you thought the “fiscal cliff” was a steep precipice, the chasm of our unfunded liabilities could be the bottomless pit. Mixed metaphors aside, the reality is we aren’t in good shape and solutions won’t be coming very quickly from Washington.