A Return to Failure is Not a Step Forward
May 31, 2012 Leave a comment
Three and a half years into Obama’s presidency it would be naïveté and simplemindedness to blame George Bush for the economy’s problems. During his term as president Obama, the Amateur, has taken all the wrong actions or no actions at all when action was called for. His reign of malignant incompetency has passed the onerous Dodd-Frank act and Obamacare legislation further crippling our nation. And, Obama has surrounded himself with incompetent and partisan people who promote racial strife, class warfare and division – a second civil war has been forced onto our nation.
Obama is a president who is proud of the fact that more people of this nation are on welfare and receiving food stamps than at any time in our nation’s history. He encourages dependence on government Yet, one would think that an American president would work to produce the opposite effect – more people able to care for themselves. Instead, Obama’s incompetence and his top down government policies are forcing our nation into indentured servitude fit for his plantation. Obama and the government will become your taskmasters. As once free people of a great nation you become slaves beholden to the whims of the masters. A political civil war must be fought to oust the slave market creators – Obama and the Dems.
If you voted for Obama in 2008 here are only some of the overall economic effects of his Hope and Change administration. These are economic facts and they do not convey the pain, the suffering and the lost hope that millions of the unemployed feel:
From the post “The Great Obama Welfare State:”
Much has changed in America since Barack Obama was sworn into office as the 44th president of the United States on January 20, 2009. In less than 1,000 days as chief executive of the U.S., President Obama’s failed policies and initiatives have resulted in a dizzying array of dismal economic statistics. As it stands now, Obama appears headed toward an economic legacy that may very well surpass Jimmy Carter in its level of failure.
Government dependence, which is defined as the percentage of persons receiving one or more federal benefit payments, is at a staggering 47%, its highest level in American history, while 21 million households are reliant on food stamps.
According to the August employment report from the Department of Labor, the nation’s unemployment rate remained at 9.1% with a total of zero jobs added to the economy during the month. Among demographic groups, Latinos had an unemployment rate of 11.3%, while African-Americans posted a rate of 16.7%. For blacks, that represents the highest unemployment rate for this group since 1984 and a rate more than double that of whites (8%).
When Obama took office in January 2009, the nation’s unemployment rate stood at 7.8%, a rate higher than the historic norm, yet far below the current rate, and above any rate during the Bush administration. Since June 2009, six months into Obama’s term, the nation’s unemployment rate has been at or above 9% during 25 of 27 consecutive months.
The economic numbers are especially poor for the demographic groups that most supported Barack Obama at the polling booth in November 2008.
Take Wayne County, Michigan, for example, where President Obama made a Labor Day economic speech. This county, which includes the city of Detroit, voted for Obama at a rate of 74% in 2008. It has been estimated that Detroit’s “Real Unemployment Rate” might be upwards of 45%, and Michigan remains the state with the dubious honor of having the highest unemployment rate.
These woeful economic figures have come during a time in which we have experienced the most government involvement in the economy since the days of FDR and government spending without parallel in our nation’s history.
The list of taxpayer-paid government bailouts and government spending under the Obama administration is seemingly endless and has resulted in our national debt now above $14.7 trillion.
President Obama has thrown billions upon billions of dollars at the U.S. economy with nothing to show for it. His so-called stimulus policies have been, in fact, contractionary and his presidency stands to be remembered as nothing short of an economic failure. (emphasis mine)
Can anyone in their right mind believe that any of the above is good? Can anyone in their right mind vote for Obama and Democrats again?
In November vote for anyone but Obama and you will go Forward. End the growth of failure now.