Achieving Both Security and Solvency

(PHOTO/Flickr/U.S. Department of Defense) (PHOTO/Flickr/U.S. Department of Defense)

“Solon said well to Croesus, (when in ostentation he showed him his gold) Sir, if any other come that has better iron than you, he will be master of all this gold”
— Francis Bacon

Barack Obama is proving how ineffective he can be, putting American national security — the economy and defense — on a dangerous, downward spiral.

First, he entered office in 2009, after the preceding year’s housing crisis demanded immediate attention to save jobs and the economy.

But he decided to be irresponsible and make ObamaCare the nation’s top priority.

MIA in Mali

The result not only led to throwing a jobs recovery off-track by his own admission, but also to a precedent of stubborn, partisan gridlock that has come to define leadership under the Obama administration.

Now a weak and uncertain economy drives foreign policy, such as Obama’s plans to pull U.S. troops out of Afghanistan as soon as next year in addition to an inability to help France, the nation’s oldest ally, in a significant way against Islamic jihadist terrorists in Mali (see above video).

The Shrinking Gulliver

And a looming sequester in defense spending threatens national security that nobody who desires greater safety and happiness for posterity can afford.

The Wall Street Journal:

Mr. Obama has already proposed to slash defense as deeply as at any time since World War II — $487 billion over the next decade. As a share of the economy, defense spending will fall from more than 4% to 2.7% by 2021, a level last seen before Pearl Harbor….

The U.S. spends more on defense than the next 10 countries combined. It is—guilty as charged—the world’s superpower. This has, among other fruits of a Pax Americana, kept Europe peaceful, Asia mostly stable, the seas secure for trade and the U.S. safe for nearly 70 years. The Obama defense retrenchment will save some money. At what price?

From: Review & Outlook

A More Effective Executive

America’s founders wrote the preamble to the Constitution to highlight how a more perfect union, the common defense, the general welfare, and preservation of freedom are inextricably linked.

In other words, a strong economy needs a strong defense for protection, and vice versa.

The President of the United States should know as much.


Francis Bacon, “Of the True Greatness of Kingdoms and Estates,” in The Essayes or Counsels, Civill and Morall, ed. Michael Kiernan (Cambridge: Harvard University Press, 1985).

Peter F. Drucker, The Effective Executive (New York: Harper & Row, 1967).

Edward Mead Earle, “Adam Smith, Alexander Hamilton, Friedrich List: The Economic Foundations of Military Power” in Makers of Modern Strategy: from Machiavelli to the Nuclear Age, ed. Peter Paret (Princeton: Princeton University Press, 1986).

Review & Outlook, “MIA in Mali,” The Wall Street Journal, January 17, 2013, A16.

Review & Outlook, “Hagel and the Shrinking Gulliver,” The Wall Street Journal, January 31, 2013, A14.


5 thoughts on “Achieving Both Security and Solvency

  1. I like what you said and it’s true Obama is on the way to make this nation down to nothing

  2. Why did he run for president? It seems to me he wants power without nothing to show for

  3. When Romney tried recently to seize back the venerable Republican issue of “strong on defense and national security” with a speech at the Virginia Military Institute, the Obama campaign was quick to counterpunch. Even before the GOP nominee spoke, Obama surrogates issued a memo to reporters labeling Romney’s foreign-policy positions “erratic, unsteady, and irresponsible.” One of the memo’s authors was Michele Flournoy, a fierce defender of Obama’s foreign-policy record who was Defense undersecretary for policy from 2009 till February of this year, when she became the campaign’s go-to surrogate on national-security issues. Unless a lot of experts are mistaken (always a distinct possibility with such speculation), Flournoy is well positioned to succeed Leon Panetta and become the first woman to head the Pentagon if Obama is reelected.

  4. Pingback: How 4% Growth Can Reduce the Debt

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