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Return
From Seoul
Coming on the heels of the ‘shellacking’ President Obama suffered at the
polls on November 2nd he travelled to Seoul and was similarly
humiliated by our economic allies. This is not a good thing.
America’s economy and the U.S. dollar have been weakened by the President’s
spend and borrow policies. The Germans, the Brazilians, and the Chinese have
rejected U.S. Policy since 2009 and now experience good economic growth while
America continues to face unacceptably high unemployment and mounting debt.
The main goal of the President’s trip was to get a new trade deal signed with
South Korea. The President was rejected.
If Barack Obama is to meaningfully restore the U.S. economy he must make an
urgent shift in policy. First, work with Republicans to extend current tax rates
for all citizens. Second, pursue the spending cuts suggested by the
President’s own Deficit Commission, and end the Government’s regulatory
blitz. Lastly, bring jobs back to America by pressing Congress to pass Fair Trade
Acts with South Korea and Colombia and other nations.
It’s time we champion free market principles and get serious about putting
Americans back to work soon.