During the 2008 campaign, then-Senator Obama criticized President Bush for adding $4 trillion dollars to our national debt over 8 years in office, calling it “unpatriotic.” Since then, President Obama has added $5.3 trillion to the debt in his first term. The debt recently crossed the $16 trillion dollar mark. That’s 16,000,000,000,000 dollars.
Obama promised to cut the deficit in half by the end of his first term. He promised that his stimulus would create jobs for the country. He promised that if we voted for him, the country would recover again.
Were any of those promises fulfilled? The current administration has shown that it is unable to improve the financial outlook of the country – spend, spend, spend. The stimulus was an utter failure. (Notice how the campaign never mentions the word ‘stimulus’.) Many companies have gone bankrupt, and millions are out of work. And Harry Reid’s Senate has not produced a budget for over three years.
The February after he was inaugurated, President Obama promised that this would be a “one-term proposition” if he did not restore the economy within three years. What kind of a plan does he really have for America? His most recent budget proposal was struck down unanimously in both houses of Congress – that’s 513 to 0 – by both Democrats and Republicans. This president needs to be held accountable for his reckless spending. Recently, when asked about the debt on the Letterman show, the President said that he doesn’t “know what the number was precisely.” He also said “We don’t have to worry about it in the short term.”
If we don’t worry about the debt now, when are we? The president effectively shifted the burden to the next president, and consequently on the American people. Wake up, Mr. President. The economy isn’t going to fix itself.
He says that he inherited a failing economy. He says we are on the path to recovery. Recovery? Is that what this is? Are you really better off now than you were four years ago?
“People who are working hard every day… I want to fight for them. That’s what I’ve been doing for the last 4 years. Because if they succeed, I believe the country succeeds.”
– President Obama
Has this president been “fighting” for Americans? Under this President, there are 23 million unemployed or underemployed Americans. The economy is in the tank. 41 straight months of unemployment over 8%. 500,000 manufacturing jobs lost under this administration. The Keystone Pipeline was left unapproved. Gas prices have doubled. 1 in 6 Americans are in poverty. Welfare has skyrocketed. 1 in 4 children are on food stamps. The national debt has increased by over 5.3 trillion.
This doesn’t sound like a recovery. We never recovered – we got worse. It is impossible for President Obama to run on his record. Yes, Mr. President, that was a one-term proposition.