Thirty years after Jimmy Carter's malaise speech, we return to the days of rising joblessness, an unresponsive economy, deference to dictators, gutting the military and an energy policy tilting at windmills.Thus reads the latest editorial from Investor's Business Daily.
…When Reagan replaced Carter, he found planes that couldn't fly and ships that couldn't sail for want of parts and maintenance. Defense is again being gutted with programs like the F-22 Raptor being tossed aside and Reagan's SDI missile shield being gutted.
Carter's belief in diplomacy gave us Ayatollah Khomeini. It was a regime that held American hostages for 444 days. The Obama administration shares Carter's fondness for thugs like Hugo Chavez and Mahmoud Ahmadinejad, whose nation goes nuclear while we make nice.