Weekly Columns
In once again electing a Republican House of Representatives, Democratic Senate and Democratic White House, the American people voted to maintain the status quo in Washington's balance of power. While the composition of the legislative and executive branches may remain the same, a continuation of current economic policies is not an option.
The last unemployment report to be released before the election reiterates how far we have to go to reach pre-recession levels of prosperity. The 7.9 percent unemployment rate recorded for October is up slightly from September's 7.8 percent. Even more discouraging, it is slightly higher than the 7.8 percent recorded when President Obama first took office while the recession was at its peak.
As information continues to emerge about the September 11 terrorist attack in Libya, evidence has grown stronger that the Obama administration's response, both before and after the assault, was inadequate at best.
In a recent speech, Secretary of State Hillary Clinton made the case that energy policy plays a crucial role in both America's national security and our economic security. Speaking at Georgetown University on October 18, Secretary Clinton stated, "Today, energy cuts across the entirety of U.S. foreign policy. It is a matter of national security and global stability. It is at the heart of the global economy." Clinton emphasized that "energy is essential to how we will power our economy and manage our environment in the 21st century."
In less than 90 days, the military will face devastating spending cuts accompanied by massive lay-offs to the defense industry unless President Obama and Senate Democrats work with House Republicans to stop the sequester. Everyone in Washington agrees that the $492 billion in automatic, arbitrary military spending cuts known as sequestration would be disastrous for both our defense capabilities and our economy. It is absolutely unacceptable that the president and Senate have allowed the process to advance this far without offering solutions.
Almost one month after the September 11 attack on the consulate in Benghazi, Libya, that killed four Americans, the Obama administration's constantly evolving explanations raise more questions than answers.
The latest discouraging economic news provides a sobering reminder of exactly what is at stake when Congress reconvenes to address the "fiscal cliff" issues at the end of this year. The most recent economic growth report shows almost no growth to speak of. At a weak 1.3 percent for the quarter, the economic growth rate showed a decline from the previous quarter's 2 percent growth and is well below the 1.7 percent growth that had been projected.
It is considered one of the great political compromises, and one of the most unequivocally successful policy changes in recent congressional history. Welfare reform, a joint effort by President Clinton and a Republican Congress led by Speaker Newt Gingrich, confirms both that bipartisan progress is possible in a sharply divided government and that good things happen when the status quo is toppled
Exactly 11 years after the September 11th attacks, the tragic and troubling events in Libya and the greater Middle East are a reminder that freedom and American values remain a target for violent extremists.
The media may no longer be paying attention to gas prices, but the American people are fully aware that fuel costs are on the rise again. The $3.72 national average gas price recorded on August 20 was the highest ever observed on that date. Prices have risen 9 percent over the past few months, making 2012 the most expensive year ever for drivers. According to USA Today, industry experts predict average prices could rise as high as $3.90 and remain above $3.00 even into autumn.