Obamanomics is simply the philosophy of socialism, loosely defined as "collective or governmental ownership and administration of the means of production or distribution of goods." Nations that embrace socialism inevitably experience stagnation and economic decline.
When people fail, we are inclined to find fault with them, but if you look more closely, you will find that God had some particular truth for them to learn, which the trouble they are in is to teach them.
Our efforts after Christian growth seem only a succession of failures, and, instead of rising into the beauty of holiness, our life is a daily heart-break and humiliation.
Author: Henry Drummond Source: Natural Law, Growth, p. 125.