Free Markets, Free People

Daily Archives: November 21, 2009

Just Words …

After only 10 months in office in what he likes to describe as the worst economic downturn since the Great Depression, President Obama finally has figured out that its all about the economy – and jobs:

The president focused his remarks on the economy, however, saying he pressured Asian leaders to allow more U.S. exports and to work with U.S. leaders on climate-change efforts.

“Asia is a region where we now buy more goods and do more trade with than any other place in the world – commerce that supports millions of jobs back home,” Obama said. “It’s also a place where the risk of a nuclear arms race threatens our security, and where extremists plan attacks on America’s soil. And since this region includes some of the fastest-growing nations, there can be no solution to the challenge of climate change without the cooperation of the Asia Pacific.

“Above all, I spoke with leaders in every nation I visited about what we can do to sustain this economic recovery and bring back jobs and prosperity for our people – a task I will continue to focus on relentlessly in the weeks and months ahead.”

Well there you go – he’s talked about it. Expect the world to listen and do exactly what he expect.

John Bolton, former US ambassador to the UN, has remarked previously about this propensity to consider “engagement” and negotiation as a policy in foreign policy:

Negotiation is not a policy. It is a technique. It is a way of achieving our objectives. It doesn’t tell us what the objectives are. The emphasis on negotiation as an end in itself reflects a shallowness in this administration’s approach to international affairs, and gives us little confidence that our interests will be well served.

In this trip, Obama claims these accomplishments:

Specifically, Obama said he “developed a host of new clean energy initiatives” with China and also raised the issue of human rights. China has been seen as reluctant in agreeing to reduce its carbon emissions, claiming its economy is still evolving.

Obama tied the U.S. economy directly to Asia’s openness to U.S. products, noting that an increase of just 5 percent in U.S. exports to Asia Pacific nations could produce hundreds of thousands of American jobs.

Now comes the hard part – turning words into deeds. And that means both domestically and internationally. So far, it’s been mostly words and few deeds – except increasing the deficit four fold and adding a trillion dollars to the debt is a record 8 months.