Is America a failed state?
By Spengler Barack Obama won the Democratic nomination and then the presidency by offering the same program that Peter Pan gave the Darling children: Close your eyes, think happy thoughts, and you will be able to fly. “Yes we can” in the meantime has changed to “No he can’t,” as America lost five million jobs in 2009 and its effective unemployment rate, including so-called long-term discouraged workers, rose to 22%, a level unseen since the Great Depression. Within 24 hours, the voters of Massachusetts may turn the freshly-baked president into a prematurely lame duck, by electing an obscure Republican to … Continue reading Is America a failed state?
