But the Obama fallacy most harmful to the nation, perpetuated in the debate, is the fundamentally false narrative and conception regarding the American tax system: that the rich do not pay their fair share.
They trade a very narrow conception of power in the international system based on nuclear weapons for a much broader one based on economic integration and development that really brings them much more security in the long term.
It is important to note here that if the U.S. government implemented a new national gold standard, any flaws in its conception or kinks in its administration would cause economic pain throughout the system.