Is Obama clueless or is he wilfully destructive. My personal view is that he has set out to sabotage the US but he may just be dumb and ignorant. Sometimes, though, he puts his finger right on the problem even though he doesn’t know what problem exactly that is. Here’s a quote from him in a story where he’s complaining about how the media is so against him that he can’t get anything done.

We need to rebuild our infrastructure. You go to the Singapore airport and then you come back to one of our airports and you say, huh? We’re not acting like a superpower.

He has so distorted the direction of expenditure and investment in the US (see Solyndra, GM etc) that resources have been poured into so many non-value-adding forms of expenditure that the US is buckling at the knees. It will soon be a poor country. It is running down its capital (and by this I means its capital stock, not money) with little being done to maintain what already exists, that in no time at all the real standard of living will cascade down. Singapore is not run by socialists, the United States is.