Hmmmmmmmm . . .
The Obama economic plan has worked. Here are only a few of its accomplishments:
» First ever U.S. credit downgrade
» 8.2 percent unemployment
» Unemployment higher than 8 percent since January 2009
» Longest period of unemployment greater than 8 percent since Great Depression
» Real unemployment rate of 14.9 percent
» More people on disability than ever before
» Most people on food stamps in American history (“The Food Stamp President”)
» Most people on government assistance in American history
» Highest sustained gas prices in American history
» Canadians now are wealthier than Americans
» Closing in on highest poverty rate since 1985 (Where are the media sob stories and sound bytes of social workers blaming the president for being heartless while taking donations from millionaire friends of his?)
» GDP growth negligible
» No budget in four years
» Last budget submitted so bad it was rejected unanimously by House and Senate (Who said there’s no bipartisanship in Washington?)
» Greatest budget deficits in history
» Budget deficits greater than $1 trillion every year for four years
» $5.2 trillion added to the national debt in four years
» Greatest increase in the national debt in American history
» Largest national debt in American history
» Solyndra and other companies run by major campaign contributors going bankrupt after getting
launderedtaxpayer money» Housing starts and sales at multi-year lows
» Housing prices are down while foreclosures are up.
» Etc., etc., etc.
If this is success, what does failure look like? The 20,000 people who file for disability in June is greater than job creation in some recent months! Federal Reserve Chairman Ben Bernanke in Congressional testimony last week said the economy is slowing down from its current anemic growth rate with no significant growth in sight.
The Left has perverted the language for years. But calling this economic plan of government takeovers and expansion, taxing and regulating, and borrowing and debt is arrogant because not only does The Left think Americans are too stupid to read and understand basic statistics, they think Orwellian redefinitions can erase the actual heartache and anxiety Americans are experiencing.
The Left thinks success is measured by how much the government does for its citizens, because it arrogantly believes people cannot do or accomplish anything for themselves. Americans measure success by job creation, economic growth and the expansion of liberty and opportunity, concepts alien and unimaginable to The Left.
[...] It Has? [...]
In his book released just prior to the 2008 economic collapse, author Andrew J. Bacevich characterized American behavior in the twenty-first century: “For the majority of contemporary Americans, the essence of life, liberty, and the pursuit of happiness centers on a relentless personal quest to acquire, to consume, to indulge, and to shed whatever constraints might interfere with those endeavors.” Maybe you conservatives can bring back these cherished American values! LOL
Just because US jobs were easily created in the midst of reckless consumer behavior doesn’t mean they can be created now. Are your baseline expectations for unemployment numbers going to reflect the pre-recession rates that were fueled by reckless consumer spending, ever-increasing personal debt and over-inflated house values? Or, are our expectations going to reflect the reality of stagnant wages, shrinking company retirement benefits (that benefit shareholders and screw employees), and house values that no longer serve as nest eggs and previously fueled home equity loans that were used to provide cash flow? Do you want manufacturing back to the US. How? That would only drive up the costs of the manufactured goods to the point that Americans won’t buy them?
We live in a new global economic order. Regardless of how you conservative extremists spin it, Presidents don’t ‘run’ the economy and jobs will not come back to pre-recession levels by reducing taxes and regulations. The middle class will continue to shrink regardless of who is in the White House. Ironically, during these rough economic times, the sales of luxury goods has actually increased which would suggest that there ARE those at the top of the pecking order who are keeping an ever larger portion of the pie for themselves.
[...] It Has? [...]
[...] But let’s look at his campaign says Biden meant, that an Obama loss would mean a return to economic chains (never mind the key word “back” and the “Southern” drawl). Who has done more to put the iron clamp on economic prosperity than Barack Obama and Joe Biden? “The Food Stamp President,” has created the largest class of dependency in American history: one in six Americans are at or below the poverty line, a record number of Americans are on food stamps, he’s gutted the landmark welfare reform by removing the work provision for recipients to receive their checks. I documented the entire litany of more than two dozen economic lows under the Obama administration h…. [...]