Friday, December 02, 2016

"In 2016, what could never have happened usually did."

Victor Davis Hanson writes,
...Trump delivered to the Republicans their most astounding political edge in nearly a century. The candidate who was most despised by the party unified it in a way no other nominee could have.

Obama proved Israel’s best friend — even though that was never his intention. By simultaneously alienating Israel and the Sunni moderates in Jordan and Egypt, and by warming up to the Muslim Brotherhood, appeasing Iran, and issuing empty red lines to the Assad regime in Syria, Obama infuriated but also united the entire so-called moderate Middle East. The result was that Arab nations suddenly no longer saw Israel as an existential threat. Instead, it was seen as similarly shunned by the U.S. — and as the only military power capable of standing up to the soon-to-be-nuclear theocracy in Iran that hates Sunni Arabs and Israelis alike.

Today, Israel is in the historic position of being courted by its former enemies, as foreign fuel importers line up to buy its huge, newly discovered deposits of natural gas. As the Arab Spring and the Islamic State destroyed neighboring nations, Israel’s democracy and free market appeared as an even stronger beacon in the storm.

Almost every major initiative that Obama pushed has largely failed. Obamacare is a mess. He nearly doubled the national debt in eight years. Economic growth is at its slowest in decades. The reset with Russia, the Asian pivot, abruptly leaving Iraq, discounting the Islamic State, red lines in Syria, the Iran deal — all proved foreign-policy disasters.

Yet Obama has been quiet about one of the greatest economic revolutions in American history, one that has kept the U.S. economy afloat: a radical transformation from crippling energy dependency to veritable fossil-fuel independence. The United States has become the world’s greatest combined producer of coal, natural gas, and oil. It is poised to be an energy exporter to much of the world.

The revolution in fracking and horizontal drilling has brought in much-needed federal revenue, increased jobs, weakened Russia and our OPEC rivals, and given trillions of dollars in fuel savings to American consumers.

Yet Obama opposed the energy revolution at every step. He radically curtailed the leasing of federal lands for new drilling, stopped the Keystone XL pipeline, and subsidized inefficient and often crony-capitalist wind and solar projects. Nonetheless, Obama’s eventual failure to stop new drilling ended up his one success.
Read more here.




No comments: