Charles Payne
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“We have to make sure this recovery leaves nobody behind”
-Barack Obama

In his pitch for yet another extension of “emergency” unemployment benefits, President Obama dug into his typical bag of rhetoric, and in the process underscored why this has been a failed presidency. You see, if this had been a legitimate “recovery” then it would be a tide lifting all boats. On the contrary, it’s been a recovery of the fittest. I’m not talking about rich people weathering the storm, but people who are better prepared for life. This cuts across education, work ethic, and savings to simply adopt an attitude best espoused by the Boy Scout oath or promise:

On my honor, I will do my best
To do my duty to God and my country,
and to obey the Scout Law;
To help other people at all times;
To keep myself physically strong,
mentally awake, and morally straight.

Tough times can be debilitating, but fighting through it is the very foundation of success. The longer a person is on unemployment benefits the more their skills erode, the less likely they are to really hit the bricks and the more they become indentured to that check in the mail. Interestingly, there have been calls for people on certain government benefits to be tested for illegal drugs, but a better requirement might be testing for mental acuity; including self-improvement and physical strength. I would add spiritual strength as well, but in a nation of powerful atheists, that would be a non-starter.

But make no mistake; spirituality & faith have played an integral role in the building of the American success story. This point has been observed and acknowledged throughout history; and was immortalized in Max Weber’s “The Protestant Ethic and the Spirit of Capitalism."

Instead, policy and rhetoric continue to portray the typical American as flat-footed, invalided, and incapable of self-determination, because of this system which has them bogged down. The economic train is leaving the station because we have a charming president, but evil forces of capitalism have erected barriers for some while rolling out the red carpet for others. This is simply the exact opposite of what America is, and how it became the greatest country, with the most amazing economy the planet has ever known. It’s an idea and message that seeks a self-fulfilling reality. The more depressed the public, the more he depresses the economy.

Here's the logic:

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Charles Payne

Charles V. Payne is a regular contributor to the Fox Business and Fox News Networks. He is also the Chief Executive Officer and Principle Analyst of Wall Street Strategies, Inc. (WSSI), founded in 1991 which provides subscription analytical services to both individual and institutional investors.