Obama inherited a disaster, the worst financial crisis since the Great Depression. Obama inherit the Great Recession, along with two unfunded wars and the unfunded tax cuts of 2001 & 2003, all of which had been adding to the budget deficits and national debt for most of the previous administration
And What Did He Do About It? He put his own personal stamp on Afghanistan. We are currently funding the Aghan National Army with 11.5 BILLION a year while at the same we are slashing our own troop strength. As the Commander In Chief he is decimating our own force structure while propping up a force structure (mostly illiterate) that has been infilitrated by operatives who are killing US/NATO Forces.
"Obama inherited a disaster...... "
You are correct, Obama did inherit a disaster. Unfortunately, Obama thinks that bigger government and more taxes are the solution to our economic problems, aka Greece.
Almost all of Obama's stimulus money that went to the states, went to hiring/retaining non-product state government union employees. Little, if any, of the stimulus went toward jump starting the private economy sector.
And Obama continues to push his current trillion dollar "Jobs Bill" which is only geared to give states more money to hire/retain public employees.
One area in which Obama's stimulus has succeeded in is making State Governments dependent on money/programs from the Federal government. State governments were meant to support themselves, not to depend on the taxpayers of other states.
Obama continues to say that, "Government can help." The news is that government, at all levels is incompetant, corrupt, and wastful. As the government grows bigger and more powerful it will become impossible for the American people to get the power back.
Democrats took over January 3rd 2007
The day the Democrats took over was not January 22nd 2009, it was actually
January 3rd 2007, the day the Democrats took over the House of
Representatives and the Senate, at the very start of the 110th Congress.
The Democratic Party controlled a majority in both chambers for the first
time since the end of the 103rd Congress in 1995.
For those who are listening to the liberals propagating the fallacy that
everything is "Bush's Fault", think about this:
January 3rd, 2007, the day the Democrats took over the Senate and the
The DOW Jones closed at 12,621.77
The GDP for the previous quarter was 3.5%
The Unemployment rate was 4.6%
George Bush's Economic policies SET A RECORD of 52 STRAIGHT MONTHS of JOB
Remember that day...
January 3rd, 2007 was the day that Barney Frank took over the House
Financial Services Committee and Chris Dodd took over the Senate Banking
The economic meltdown that happened 15 months later was in what part of the
BANKING AND FINANCIAL SERVICES!
THANK YOU DEMOCRATS (especially Barney) for taking us from 13,000 DOW, 3.5
GDP and 4.6% Unemployment...to this CRISIS by (among MANY other things)
dumping 5-6 TRILLION Dollars of toxic loans on the economy from YOUR Fannie
Mae and Freddie Mac FIASCOES!
(BTW: Bush asked Congress 17 TIMES to stop Fannie & Freddie -starting in
2001 because it was financially risky for the US economy).
Barney blocked it
and called it a "Chicken Little Philosophy" (and the sky did fall!)
And who took the THIRD highest pay-off from Fannie Mae AND Freddie Mac?
And who fought against reform of Fannie and Freddie?
OBAMA and the Democrat
Congress, especially BARNEY!!!!
So when someone tries to blame Bush...
REMEMBER JANUARY 3rd, 2007.... THE DAY THE DEMOCRATS TOOK OVER!"
Bush may have been in the car but the Democrats were in charge of the gas
pedal and steering wheel they were driving the economy into the ditch.
Budgets do not come from the White House.. They come from Congress and the
party that controlled Congress since January 2007 is the Democratic Party.
Furthermore, the Democrats controlled the budget process for 2008 & 2009 as
well as 2010 & 2011.
Obama and his Big Government wants to make everyone dependent/subservient to the Federal Government:
1. The poor have become dependent on the government. There are more poor in this country than when the Federal Government began it's "War on Poverty", and the Fed's have spent trillions on programs for the poor. The problem is, when government programs make it comfortable to be poor, there is no need for the poor to try and better themselves. There are more poor people on disability (don't want to work), medicaid, food stamps,free housing, and welfare and a host of other government freebies.
2. Obama's Fed government is now turning to the middle class to make them dependent also. The more the middle class becomes dependent on the government, the quicker the middle class will descend to poverty, on the same level as the poor class.
3. State governments have now become dependent on handouts and programs from the Federal government. The Feds gave the states money/programs during hard times and the states expect those freebies to continue.
Most of the rest of the world has moved away from the bankrupt ideas of socialism/communism/big government. Prosperous new countries like China, India, and Brazil are moving toward private economies. But Obama has his eyes on returning the U.S. to a socialist ("Don't worry be happy, the government will take care of you") country.
Well good luck with that.
sherryjohn, you are right and you know you are right!!!! BUT!!!!! You have to know that Obama is a socialist commie pinko Marxist who hates coal!!! He made the price of cleaner burning natural gas fall so far that utilities have converted to using it. They shouldn't have done that because now the air is cleaner than it has been in many years!!!! They should keep the old plants open burning more expensive coal. and they would have without coal hating Obama!!!! PAUL RYAN and Newt Rmoney will fix this problem!! Trust me when you vote for them!!!