During the 1980s, much was made of the massive Soviet military. Not quite so well known was the fact that the personnel were badly demoralized and the economy behind it was a complete mess unable to sustain a decent force (the non-nuclear material was also less than meets the eye).
The Obama campaign will probably be upset that I’m comparing it to the USSR, but incompetence like this forces my hand. As the Daily Caller, notes, this was Obama’s own campaign head – David Axelrod - who framed the race thusly:
The choice in this election is between an economy that produces a growing middle class and that gives people a chance to get ahead, and their kids a chance to get ahead, and an economy that continues down the road we’re on.
I couldn’t have said it better myself.