...Just two years ago, when up for reelection, Obama reminded Americans, “We can’t just drill our way to lower gas prices.”
...Then, finally, oil and gas prices plunged owing to the “drill, baby, drill,” can-do attitude of the private sector. Americans should thank the U.S. oilman — from the drillers in the field to the engineers behind the scenes — who did the impossible. They vastly increased the supply of what was supposedly a permanently declining resource, and thereby helped to crash prices.
Oilmen, not the government, returned hundreds of billions of dollars to American consumers. They, not Ivy League experts and Wall Street grandees, kick-started the economy where federal subsidies had failed to. They, not the policies of the Obama administration or the rhetoric of Secretary of State John Kerry, weakened our enemies...
...Almost everything Obama tried for six years in an effort to rev the economy — from near-zero interest rates and $1 trillion annual budget deficits to Obamacare and vast increases in entitlements — has failed. His foreign-policy stances of resets and leading from behind led to chaos and emboldened enemies.
Yet the United States economy is slowly recovering with cheap energy... [and abroad] spendthrift oil producers such as hostile Iran, Russia, and Venezuela are nearly broke. Friendly rivals such as Japan and the European Union can’t compete with the U.S. energy edge.
What Obama once ridiculed is now saving him from himself — after he had championed policies that nearly destroyed him.
The Greeks had a word for it: irony.
I must politely beg to differ, Victor.
Michel de Montaigne put it this way: "Stubborn and ardent clinging to one's opinion is the best proof of stupidity."
Hat tip: BadBlue News.