The stimulus is a failure. The recovery is non-existent. Barack Obama has been president for 18 months. He was elected, hired if you prefer, to fix the economy. He hasn't done that. He has failed. While the unemployment rate fell to 9.5 percent from May's 9.7 percent, but 652,000 Americans gave up looking for work--they are no longer counted among the ranks of the unemployed.
Private firms added 83,000 new positions, more than in May, but less than experts predicted.
Obama's agenda--cap and trade, ObamaCare, card check, and ending the Bush tax cuts, have made businesses, particularly small ones, afraid to hire new workers. Yes, he inherited a recession, but he's made it worse.
Remember: The Democrats vowed that if the $862 billion was passed, the unemployment rate would not exceed 8 percent.
But with Obama it's never his fault. Two days ago he had the audacity to declare a success of sorts, stating that at least the unemployment rate is not "12 or 13 or 15 percent."
I voted for John McCain, but I wanted Obama to turn the economy around. Obama has failed me and failed America. It's time to begin the dismantling process by voting in a Republican Congress this fall.
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A Republican Congress, have you lost your mind ? They are worst unless your rich.....
ReplyDeleteMy wife grew up in place with few rich people. You may have heard of it--it was called the Soviet Union.
ReplyDeleteObama's term is not over yet, why should he get a failing grade. Your grading of Obama's presidency is premature; it merely reflects your nefarious wishes!
ReplyDeleteTake a deep breath. Bush/Cheney had 8 years to fail, give Obama 4, would you?